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Official Journal of the 
Society of Paper Money Collectors 


Vol. XL, No. 6 Whole No. 216 November/December 2001 

WWW.SPMC.ORG 


Remember Pearl Harbor 

WWII Left Us 
Short Snorters 


Short Snort*er / 
snort-er / n [short 
snort (quick drink)] 


1: a member of an informal 
club for which one who has 
made a transoceanic flight 
is eligible. 2: a piece of 
paper money endorsed by 
short snorters as a mem- 
bership certificate for a new 
member. 

-- Webster’s New Collegiate Dictionary 


"When Carole Landis and Pat O'Brien got together on the set of Pilebuck (released as Secret Command), the picture they are appearing 
in at Columbia, they pulled their 'Short Snorter' bills on each other. The result was amazing. Carole and Pat, who both have recently 
returned from overseas personal appearances, found that their combined strings of bills were long enough to drape Carole attractively 
in the currency of some 35 countries." - actual caption attached to the back of a movie promotional still photo c. 1944. 



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PAPER MONEY • November/December • Whole No. 216 


TERMS AND CONDITIONS 

PAPER MONEY is published every other monlh 
beginning in January by the Society of Paper 
Money Collectors (SPMC). Second-class postage is 
paid at Dover, DE 19901. Postmaster send address 
changes to Secretary Tom Minerley, P.O. Box 
7155, Albany, NY 12224-0155. 

C Society of Paper Money Collectors, Inc., 2001 . 
All rights reserved. Reproduction of any article, in 
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occurs upon prompt notification. ♦> 


357 


Paper Money 

Official Bimonthly Publication of the 
Society of Paper Money Collectors, Inc. 

Vol. XL, No. 6 Whole No. 216 NOVEMBER/DECEMBER 2001 

ISSN 0031-1162 

FRED L. REED III, Editor, P.O. Box 793941, Dallas, TX 75379 
Visit the SPMC web site: www.spmc.org 

In This Issue 


Features 

Souvenirs, Personal Documents & Immortality 359 

By Neil Shafer 

Short Snorter Looms As Menace 364 

By John Steinbeck 

An Interesting Dallas Deuce 372 

By Frank Clark 

Work Done for ABNCo by James D. Smillie from 1858-1879, Concluded .... 373 

By Gene Hessler and Mark Tomasko 

Every Short Snorter Has Its Own Tale(s) to Tell 378 

By Colonel Bill Murray and Larry "Ski" Smulczenski 

'Defaced' Notes Share Exciting Stories 390 

By Richard Giedroyc 

More Thoughts on Short Snorters 394 

By Joseph Boling 

One Note's Story: Long 'Lost' Note Brings Back Memories 396 

By Fred Reed 

Society News 

Information & Officers 358 

An Index to Paper Money Vol. XL 2001, Nos. 211-216 380 

Compiled by George B. Tremmel 

2nd Annual George W. Wait Memorial Prize Announcement 386 

President's Column 388 

By Frank Clark 

Nominations Open for SPMC Board 388 

New Members 400 

Editor's Notebook 402 


On the Cover 

Secret Command was a fast-paced espionage story set in a California 
shipyard. O'Brien played a foreign correspondent in the wartime 
employ of the FBI assigned to thwart potential Nazi saboteurs. 

Landis played his undercover 'wife.' The movie proved a great suc- 
cess and was nominated for an Oscar in 1 945. Too old to serve in 
World War II, O'Brien, and co-star Landis both tirelessly undertook 
many potentially dangerous USO tours to entertain GIs. Landis, 
who contracted malaria on one such tour, memorialized her trips 
with the book Four Jills in A Jeep, which became a Fox film in 1 944. 







PAPER MONEY • November/December 2001 • Whole No. 216 


359 

Souvenirs, Personal 
Documents & Immortality 

By Neil Shafer, LM30 

LOVE SHORT SNORTERS! NOT ONLY HAVE I BEEN GATH- 
ering these homeless waifs up every time I see them (practically), I've 
written about them for years, first in the Whitman Numismatic Journal in 
the 1960s and several times in Bank Note Reporter as well. And believe me, 
those good signatures are really out there waiting for YOU to find them, too! 

I have been lucky that way, having found movie 
stars, political figures, high-ranking military individuals 
among others. One of the best turned out to be a lone sig- 
nature on a small Italian note of World War II vintage. 

That signature was only Humphrey Bogart, and I had 
Scott Winslow authenticate it for me. He said it's quite a 
rare one because he is so well known even today. By the 
way, that finding occurred, would you believe, within the 
last year!!! 

The special significance of a short snorter, single or 
roll, is that such items meant something very special to 
die original owner(s), and we who find them later on can 
only try to capture a little of that feeling and meaning 
they represented at one time. 

In these pages I’ll share some of my finds with you. 

Each was a joy in its own way. Good Hunting! 

There are many kinds of world notes with inscribed 
signatures or some other kinds of written messages. The 
contents of the written words can determine the rough 
classification of such notes, but whichever way they are 
classified, invariably they have all been the bearers of 
some sort of personal testimonial that someone, some- 
place, felt obliged to put on a piece of paper currency. 

By far the majority of these pieces are known to col- 
lectors as Short Snorters — notes with one or more 
names, often in a row, and usually found attached to others of similar appear- 
ance. The name itself is defined wo ways, as follows: (a) A member of an 
informal club for which a pilot, crew member or a passenger who has made a 
transoceanic flight is eligible; (b) A piece of paper money endorsed by short 
snorters as a membership certificate for a new member. 

It seems that the idea of a Short Snorter club sprang up during the earlier 
days of flight when transoceanic travel was still considered something of a feat. 

As the definition indicates, it became the custom for older members of this 
vaguely defined club (usually the crew members of an airplane) to sign their 
names on a single piece of paper money which then served as the owner’s 
“membership card,” to be permanently retained and shown on demand. 

Failure to produce that signed note at any time meant that a penalty had to be 
paid, generally a dollar or a drink (short snort). From this practice the term 
itself is derived. 


While not as glamorous as Carole 
Landis on this issue's cover, author 
Shafer never the less cuts a swash- 
buckling figure modelling a lengthy 
Short Snorter roll of his own at the 
1st Memphis International Paper 
Money Show in 1977. 





360 


November/December 2001 • Whole No. 216 • PAPER MONEY 



Figures la & 1b. Here is what a typical 
Short Snorter note looks like. The only 
distinguishing feature on this note is 
one of the first vertically placed signa- 
ture at top - it looks like Bob Hope to 
me! (It is.) Shown enlarged at right. 


Figure 2. This large French note with 
all its World War II signatures has to be 
the epitome of the single-bill concept. 



The casual and slow growth of this exclusive club was abruptly shattered 
by the entry of the United States into the conflagration of World War II. 
Overnight many thousands of servicemen in every branch of the service 
became involuntary candidates, and the evidence shows that a great many of 
them were more than glad to accept the responsibilities of membership. 

It was often the case that a particular individual would be assigned to a 
number of locations around the world during his tour of duty. Though the 
original concept included the signing of only a single note as the Short Snorter, 
the member would soon find that one bill was just not providing enough room 
for him to gather the signatures of his buddies who were also Short Snorters. 

The solution was simply to start Scotch taping all sorts of notes gathered 
during his world travels together end on end, creating rolls sometimes reaching 
massive lengths of eight or ten feet! Now there was space enough for hundreds 





Wff/S, le 21 Septembre 1939. Z.% ^ 


■fceAK'j.iw.feiJW 

//l 







PAPER MONEY • November/December 2001 • Whole No. 216 


361 



Figures 3a & 3b. The owner of this particular piece created a D-Day 
commemorative complete with date and a truly artistic drawing of a U. S. 
soldier putting it to the German. He really had a knack for drawing car- 
toon characters, didn't he? 



of names -- and that is exacdy what you can find on many of diese rolls of bills. 

Signature exchange became a ritual indulged in by everyone, including 
many famous individuals such as entertainers, actors, actresses and others who 
were sent to military bases all over the world by the U.S.O. Often obtaining 
such signatures was accomplished with surprising ease, because it seemed 
everyone wanted to sign diese notes. Some even included personal messages 
with dieir names, thus adding to the fun. 

But was it all in good ol’ fun? My own belief is that there was some 
underlying feeling on the part of most signers diat they were doing it at least in 
part because they wanted to achieve a bit of inner immortality. Without really 
expressing it, they may have feared that if they did not return from some battle, 
the proof that “they were there” would not exist anywhere else, so here was 
their signature to prove that they had indeed been there. 

That feeling must account for the great personal value their owners felt 
for such notes. These pieces were carried everyplace, becoming more and 
more abused from the cheap Scotch tape plus rough handling by so many GI’s. 
Yet they stand today as a testimonial to the endurance of the human spirit if 
nothing more. And therein lies the great personal importance they engendered 
to their original owners, a feeling that we can only empathize with today as we 
come across them scattered here and there. 

Numismatically and historically there are other aspects that come into 
play when discussing the subject of Short Snorters. It is often true that some 



Figures 4a & 4b. This pair of 
Fractional Currency souvenir 
notes should also be considered a 
part of the Short Snorter concept 
even though they predate the 
advent of the name by many 
years. 




November/December 2001 • Whole No. 216 • PAPER MONEY 


362 


? T t,1|S»rie uj55 m '. 


Va n i * r or i. * 
i g ru c r. i q a k 


bomalues^mtionaua;. 

Assignat 

derdlx>soiis, 

paffoMeMi^porieur. , 




Figures 5a & 5b. Any note was eligible 
to be transformed into a Short Snorter. 
This French assignat of 1792 is the old- 
est piece I have ever seen to emanate 
from World War II as a souvenir. 


great notes are a part of a roll of bills, heavily taped, and at times with names or 
other messages written on them. Two facts come to mind: First, if not for 
their having been included on the roll or used as a single-note messenger of 
some kind, they would probably not exist any longer. Second, the very way 
they are used may prove to be of great significance. Let me demonstrate. 

Some of the illustrations easily prove the first of these two points. The 
second is more elusive, but it can also be shown. Take a look at the small roll of 
notes with the French 20-franc piece featuring a fisherman. Now notice that it 
also carries the infamous head of Hitler (from a postage stamp) at the lower left 
corner. If you examine the note carefully you will see that it looks like the fish- 
erman is strangling Der Fuehrer. Well, that is the way it was supposed to look - 
- certainly an interesting sort of propaganda note. 

But it’s no good unless we can prove it is contemporary. Anyone can take 
the very common French note and attach very common stamp pieces right 
now. So it is worth nothing much except if you can prove you have a genuine 
piece made during the war. On this particular example it happens that there are 
small slits in the note where the rope is, and part of the neck is inserted under- 
neath to give the effect of strangling. 

That is how it was supposed to have been prepared, according to a letter 
printed by Time magazine in the September 4, 1944, issue. Along with an illus- 
tration of a similar example, the letter reads as follows: 


Figure 6. Sometimes really 
great items have been caught 
on a Short Snorter roll. Here is 
a fine example, a leaflet in 
Pidgin English originally 
dropped over areas like New 
Guinea in order to tell inhabi- 
tants how to assist downed air- 
men. 



n i^pereu biloug itAvwan. 

a ytjjuiln inftN luku tgn< lom: 


oi Jupnn. 

WunpaU l>oi i«at tati'ii 


mg laasu. 

; i*in biloug 


U|nw mi tit iuo iiutp ItJQg to 

brintj | 

\okin lukaut lciig sot lilt. 


nrim Hklik 


,gut iimi long ul (tkoulukun. t- 
,VMAN l IUK V PALA MAP Alin 




PH 

mm 


D70990S* 


N929443* 


SUPERB 

UNITED STATES CURRENCY 


■" * T'HjIjSj QftfUftfHRBI T/tjM' ' aOCUnaBCBMnakg3| 

//*tr /tntts Jrtw f/yt/Mi/Zr*/ /// //t* n^nOOflS* 


t /*//*/ f//r/// /t //* ///// tt// 

ocfAHiHtni » t hii 'Mu:ithi(ye i)tY, o p 

ns**, tifl/.. 


SM33flw«s*t jjjjj j-s-jjj/jxj vf-uA-f i <(3o^BggQaiaB^g« 

,v ” //<// > />rr/t s/y* //*<//>/ NfOOQ/ / TC/* 

|*w/iiisiife m 

■jv (t> cJ U « H> «»j)J )igJdinf<' |frrP 

V tl/flf t/tf//t // />»//*, UN.|ta 

Ik ! ' 'Wraw, >'* 


■ MVUttt MfJtit-U.*. 


FOR SALE 


SEND FOR FREE PRICE LIST 


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PAPER MONEY • November/December 2001 • Whole No. 216 




364 


November/December 2001 


Whole No. 216 • PAPER MONEY 


Short Snorter Looms as Menace 

By John Steinbeck 


By telephone to the New York Herald 
SOMEWHERE IN AFRICA. (VTA LONDON) - 
SEP. 7, 1943 --The growth of the Short Snorters is 
one of the greatest single menaces to come out of the 
war so far. 

The idea started as a kind of a joke in a time when 
very few people flew over an ocean in an airplane. It 
became the custom, then for the crew of the airplane 
to sign their names on a one dollar bill which made 
the new; ocean flyer a Short Snorter. He was sup- 
posed to keep this bill always with him. If at any time 
he were asked if he were a Short Snorter, and he did 
not have his signed bill with him he was forced to pay 
a dollar to each member present at the time when the 
question was asked. 

It was good fun and a kind of general joke and 
also it was a means of getting someone to pay for the 
drinks. 

But then came the war and the building of thou- 
sands of ships and the transporting of thousands of 
men overseas by airplane and every single one became 
a Short Shorter. There are hundreds of thousands of 
Short Snorters now who have actually flown over an 
ocean, and there are further hundreds of thousands 
who carry a signed bill. And the new Short Snorter 
goes much farther than having his bill signed by the 
crew which carried him on his initial crossing. The 
custom has grown to have the bill signed by everyone 
you come across. At a bar you ask your drinking com- 
panion to sign your bill. You ask generals and actors 
and Senators to sign your bill. 

With the growing autographing, one bill soon 
was not enough. You procured another bill and stuck 
it with Scotch tape to your first bill. Then the thing 
went farther. You began to collect bills from other 
countries. To your American dollar bill, you stuck a 
one-pound English note, and to it a 50-franc Algerian 
note, and to it a hundred-lira bill. Every place you 
went you stuck the money to your growing Short 
Snorter until now there are people who have stream- 
ers eight and 10 feet long, which folded and rolled, 
make a great bundle in the pocket, and these stream- 
ers are covered with thousands of names and repre- 
sent besides considerable money. Even the one dollar 
original is disappearing. Many new Short Snorters use 
S20 bills, and some even Si 00 bills. 

These are die new autograph books. The original 
half of the joke has been lost. In bars, in airports, in 


clubs, the first thing that must be done is a kind of 
general exchange of signatures. Serious and intelli- 
gent gentlemen sign one another's bills with an 
absolute lack of humor. If the party is fairly large it 
might take an hour before every one has signed the 
bill of every' one else. Meanwhile the soup gets cold. 

There are favorite places on die bill for honored 
and desirable autographs. The little space under 
Morgenthau’s name is one such. The wide space 
beside the portrait on the bill is another. If you get an 
autograph you want to show you have it written on a 
clear space, but if it is just one of the run-of the-mill 
signatures it is put any place in the green part where it 
hardly shows up at all. It is a frantic, serious-minded, 
insane tiling. 

Men of dignity scramble for autographs on their 
Short Snorts. A special case, usually made of cello- 
phane, is sometimes carried to house the bill, or the 
long streamer of bills because these treasures are han- 
dled so much that they would fall to pieces if they 
were not protected. 

The effort and time involved in this curious thing 
is immense. Entertainers who travel about to our 
troops sign literally thousands of Short Snorter bills. 
For no longer do people have to fly an ocean to be 
members. The new method is that any Short Snorter 
can create a new Short Snorter. The club is pyramid- 
ing. Probably there are 10,000,000 Short Snorters 
now, and every day new thousands begin to scribble 
on their bills. It would be interesting to know how 
many bills are withdrawn from circulation to be used 
as autograph books. They must run into the millions. 

The use of large bills as Short Snorter bills has a 
curious logic behind it. The man or woman who used 
a $20 or $100 bill feels that he or she will not spend 
this money because of the signatures on it, but he also 
feels that if he needs to he can spend it. Thus he has a 
nest egg or mad money and a treasure, too. He will 
not toss it over a bar nor put it in a crap game, but if 
he really should get into a hole he has this money with 
him. 

Very curious practices grow out of a war and 
surely none more strange than this one has taken over 
the public recently. 

This article appeared in Los Angeles Examiner 
Reprinted from MPCGram, mpcgram@yahoo.com, 
Series 002 Number 169, (Friday, 17 November 2000). 



PAPER MONEY • November/December 2001 • Whole No. 216 


365 



Hitler Throttled 

“Sirs: Take a good look at the enclosed French 20 franc note (see cut). 
It’s one of the cleverest methods of subtle noncollaborarion I can imag- 
ine. The French people who gave it to me said that millions of these 
were circulating around while the Germans were here.... The effect is 
produced by inserting a German postage-stamp portrait of Hitler behind 
the French fisherman’s rope. -- (Pfc.) Leslie Lieber” 


Figures 7a & 7b. Flere is a rather small 
roll of notes illustrating a French 20- 
franc note bearing the head of Hitler at 
lower left. It turns out to be a genuine 
propaganda piece from the war (see 
discussion). Below': Letter to the 
Editor regarding this type of note alter- 
ation published in Time magazine, 


Commenting on the above letter, I would say Pfc. Lieber (and 
those who told him about the wide circulation of the note) were cer- 
tainly exaggerating greatly — there were not “millions” of these 
pieces as shown, otherwise we would have seen many more on the 
market. But as mentioned earlier, they are very easy to manufac- 
ture. The only ones that are really worthwhile are any of them that 
can be proven genuine products of the period. 

Several factors prove that the one on the roll is in fact a gen- 
uine wartime product. First, closer examination of this piece 
showed that two small slits had actually been made on either side of 
the rope so that the neck could be inserted through both of them. 
Second, there is old Scotch tape over a part of Hitler’s head. Third, 
there is a handwritten inscription about “...thanks for our libera- 
tion” signed by a Frenchman on the face, and a penned date of “28- 
1-45” on die back. It is certainly possible that the much simpler 
method of sticking the head onto the note without making the slits 
was also used for some of these; I do not know'. All I can say for 
sure is that we have at least one that is absolutely real. 

Most of the Short Snorter notes I have seen are from United 
States personnel and written in English. Of course, there were 
some who wrote in foreign languages, but by and large they are in 
English. This makes me w'onder if servicemen from other countries 


Sept. 4, 1944. 

Hitler Throttled 

Sirs: 

Take a good look at the enclosed French 
20 franc note ( see cut). It’s one of the clever- 
est methods of subtle noncollaboration I can 
imagine. The French people who gave it to me 
said that millions of these were circulating 
around while the Germans were here. . . . The 
effect is produced by inserting a German 



postage-stamp portrait of Hitler behind the 
French fisherman’s rope. 

(Pfc.) Leslie Lieber 

c/o Postmaster 
New York City 





'WJWK »C»Z*K*<m.K ■ -a,; 

V\ INNIIAI.K I'.u.uim. i'»iui.iii..u«i:u»m iii:m.\m»' ! - 


Figures 9a, 9b & 9c. Collecting signa- 
tures was and still is a part of the 
game. Someone got Jack Benny and 
Larry Adler to sign the note from 
Egypt. I'm sure you recognize the sin- 
gle signature on the English 10 shillings 
(Joe Louis), and none other than Harry 
Truman placed his name on the dollar. 


Figures 1 0a & 1 0b. War history is for- 
ever recorded at the scene by partici- 
pants in the event itself. Some exam- 
ples in my collection record V-E Day on 
a French Allied Military Currency note, 
the invasion of bloody Iwo Jima 
(below), and notes naming Hiroshima 
and Nagasaki, such as the one shown at 
right. 


also took to the Short Snorter habit. While I have never encountered a roll of 
bills from an obviously foreign source, I believe that a good many of them did 
at least pursue the preparation of single notes as souvenirs of various kinds. 

The above description applies to a majority of the notes found with 
inscriptions. In the main, those that fit contain signatures of buddies, famous 
individuals, or whoever else could be convinced to sign. Certainly all the rolls 
of notes made for the purpose truly 


belong to this group. But there are 
other kinds of notes with varying 
messages that really do not conform 
to most of the above considerations. 

Let’s look at a few of them in 
some detail. 

Many inscribed notes are found 
as singles, often with the avowed 
purpose of serving as a souvenir of 
the place of origin. Their makers 
came from a wide variety of locales, 


/NAGASAKI' Jafa* 







PAPER MONEY • November/December 2001 • Whole No. 216 


Last Year Alone... 

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of Littleton 's experienced team of buyers. 

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368 


November/December 2001 • Whole No. 216 • PAPER MONEY 





i*}S h+r+bii 

** r *'fv fhut MTf 

tl s ht hi* 

«rl+h fhi$ Ml{ f fh<*t Hu: 
biU 40$ HCT aorifod in $rnsr 


Figure 11 (above). The wriler of this letter home had no 
idea how good a souvenir he was using. The note hap- 
pens to be a Philippine wartime peso of 1941, one of 
those rare pieces sent to the Bureau of Standards for 
,/a g' n g" during World War II to simulate used currency. 




Figures 12a, 12b & 12c. 

Some notes have unusual 
inscriptions. The ones shown 
(clockwise) include half a note 
with an explanatory notation about 
its use to light a cigar; a marriage 
proposal upside down on a Japanese-Philippine 
50 centavos; and a "Personal" Short Snorter. 


PAPER MONEY • November/December 2001 


Whole No. 216 


369 



Figures 13a & 13b. Apparently 
some of the major airlines saw 
fit to prepare notes for use as 
Short Snorters. The one at far 
left is from Northwest; I have 
also seen them from TWA. Any 
others? People from other lands 
also participated in the Short 
Snorter experience. Most likely 
this one at left with Chinese 
inscription meant something 
very special to its original 
owner. 


Figure 14. This English military 
issue caught a few signatures, 
especially the two-for-one name 
of "Edgar Bergen and Charlie" 
(third one down at left). 


ranging from the Civil War to the Mexican border fighting to 
private souvenir usages from many venues. Because they were 
thus used, they are not regularly seen as an attached unit in a 
large roll of notes. These pieces were frequently sent home to 
loved ones in a letter, thereby separating them totally from 
other similar kinds of pieces. 

It appears that in many instances any notes from every- 
where were sent home as substitutes for holiday greeting 
cards, obviously unavailable to service personnel in most 
places during the war. You can find a fairly large number of 
holiday greeting notes, and practically all seem to come from 
the Asian theaters of war. I speculate this phenomenon results 
from the fact that fighting during island-hopping in the 
Pacific was more sporadic, thereby allowing such notes to be 
prepared more easily than in Europe where fighting might be 
continuous throughout the continent with no particular letup. 

There is one final point of discussion I want to make. 
The Short Snorter nomenclature has been expanded here to 
include most of the different kinds of notes shown and 
described. But what about souvenirs and inscribed notes that 
predate the invention and development of the airplane? How 
do we treat Fractional Currency or Confederate notes so 
used? Conversely, where do we place the modern souvenir 
notes so many of us are constantly manufacturing (e.g., 





370 


November/December 2001 • Whole No. 216 • PAPER MONEY 



Figures 15a & 15b. During (he formation of NATO there were 
special meetings at various times and places. This pair of Turkish 
notes was carefully prepared to serve as factual souvenirs of the 
Military and Naval Survey Croup meeting there in 1947. Faces 
and backs of both notes were similarly used for all the different 
names of the participants. 


obtaining signatures of Treasury officials or other 
well-known individuals)? Technically they might 
never be thought of as Short Snorters in the real 
sense because they are just too early or too late; yet I 
feel that since we have allowed inclusion for all the 
rest, it stands to reason that any and all such notes, 
from whatever period, should be given the same sta- 
tus. Do you agree? 

Want to make a collection of such pieces? You 
can find them almost anyplace, from various auctions 
to the proverbial miscellaneous boxes of low-priced 
notes. Just remember that every one of them meant 
something very special to dieir original owners, and 
when you happen upon an example, you now have the 
privilege of renewing its unique status as something a 
little more than just a piece of paper money' with graf- 
fiti. 

It’s a bit like saving a part of someone’s very' 
soul. ❖ 




JS \.\< ; CEAXXAIN XA 

— ii Eikeanx — 


IRELAND 




76N 094956 


1 


'rf’LlJA 

ft 

ii 










PAPER MONEY • November/December 2001 • Whole No. 216 


371 


Lyn Knight 


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Leading Auction Company 
in U.S. Currency 






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1882 $1,000 Gold Certificate 


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offered for sale in each and every auction presented by Lyn Knight 
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United States currency rarity. We can sell all of your notes! Colonial 
Currency... Obsolete Currency... Fractional Currency... Encased 
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Payment Certificates (MPC)... as well as Canadian Bank Notes and 
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If your collection warrants we’ll be happy to travel to 
your location and review your notes 

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Mail notes to 

Lyn Knight Currency Auctions 
P. O. Box 7364, Overland Park, KS 66207-0364 

We strongly recommend that you send your material via USPS Registered Mail insured 
for its full value. Prior to mailing material, please make a complete listing, including 
photocopies of the note(s), for your records. We will acknowlege receipt of your 
material upon its anival. 

If you have a question about currency, call Lyn Knight. 

He looks forward to assisting you. 

stW OZmahi 

Currency Auctions 

A Co*0ctors Universe Company 
Nasdaq CLCT 

P.O.Box 7364, Overland Park, KS 66207 • 800-243-5211 • 913-338-3779 • Fax. 913-338-4754 
• E-mail: lynflcnightwaol.com • www. lynfcmght.com 







372 


November/December 2001 • Whole No. 216 • PAPER MONEY 



An Interesting Dallas Deuce 

O N APRIL 13, 1976, THE FIRST SMALL SIZE 
S2 Federal Reserve Notes were issued to the pub- 
lic. To commemorate this event, the U.S. Post Office 
allowed for the cancellation of currency on a hand-back 
basis as long as first class postage was attached to the 
note, which was thirteen cents at the time. 

This was how it was sup- 


being a holiday, the date fell on a Sunday, so post offices 
would not normally be open. However, a few post 
offices were allowed to be open in each state to mark the 
special occasion. 

In Texas, the following cities had post offices open 
for July 4, 1976: Anderson, Beaumont, Corpus Christi, 
Dallas, Houston and Lufkin. However, a few temporary 
post offices were set up in certain locations. 

There were also some 24-hour service locations not 
shown on the official list of post offices open on July 4, 
1976, that were indeed open. 

The note pictured is an interesting note. It was not 
only autographed in brown ink by Francine I. Neff, 
Treasurer of the U.S., but was canceled afterwards (the 
cancellation to die left of the Jefferson portrait is on top 
of the autograph) at Waco, Texas on July 4, 1976, twice: 


posed to be, however many 
examples can he found of notes 
with less than thirteen cents or 
no postage at all. Perhaps 
newer entrants into the field of 
currency collecting have seen a 
few of these notes at shows and 
have wondered what those odd 
items are. 

Another big cancellation 
date for collectors was the 
Bicentennial of the United 
States, July 4, 1976. Besides 



K 02640030 A 


WAHlinttS'TON.I >.C 



once without postage and once with a 
thirteen cent stamp. 

The Liberty Bell stamp of die era 
ties in nicely with the Bicentennial 
theme of the note. This must have 
been a 24 hour service location or a 
temporary post office for the 
Bicentennial. 

Postally canceling such notes (Si 
and $2 notes were the denominations 
of choice) was done for a few years 
after the Bicentennial, limited only by 
the collector's imagination. 

This specialty was both numis- 
matic and philatelic and therefore nei- 
ther. It eventually died out. The rise 
in canceling souvenir cards may have 
been helped by these relics of the 
Bicentennial era. 

BIBLIOGRAPHY 
Vero, Andrew J. Price Guide For 
Bicentennial $2 Bill Cancellations, 
Annapolis, Maryland: BS2C 
Adventures (1980). ❖ 




PAPER MONEY • November/December 2001 • Whole No. 216 


373 


Work Done for ABNCo 
by James D. Smillie 
from 1858-1879 Concluded 


Compiled by Gene Hessler and Mark Tomasko 

Continued from Paper Money September/October 2001, page 315 



No. 

Title 

Artist 

Engraver(s) 

618 

Camping on the Pampas 

Bond: Butte & Boston Mining Co. 1 897. 

JDS 

J. Smillie 


Bank note: Argentina, Banco de la Prov. De Buenos Aires, unknown denomination. 


622 

Bull, Buenos Ayres 

JDS 

(J.) Smillie 


Bank note: Argentina 5 pesos, PS482 and Hawaii 

$100, PI 5 eng. by James Smillie.) 


625 

Pampas Horse 

JDS 

JDS 


Bank notes: Argentina 10 pesos, PS485 & 2 pesos 
Bond: Chile, Banco Agricola 1888. 

;, PS536. 




Saladero, #630 


630 

Saladero 

Bank note: Argentina 500 pesos, PS497. 

JDS 

(J.) Smillie 

631 

Gaucho with Guitar 

Bank note: Argentina 50 pesos, PS488-490. 

JDS 

C. Burt 

633 

Arkansas Anns 

JDS 

J. Smillie 


Bond: Little Rock RR 1883; Stock certificate: Little Rock, Mississippi River & Texas Rwy 

1881. 

635 

[Sheep’s Head] 

JDS 

J. Smillie 

641 

Sheep under the Ornbu 

JDS 

J. Smillie 


Bank note: Argentina 5 pesos, PS1916, and Brazil 100 mil reis, PS553. 


645 

Sheep under the Oak 

Banknote: Mexico 20 pesos, PS 129. 

Stock certificate: United States Worsted Co. 

JDS 

J. Smillie 



374 


November/December 2001 • Whole No. 216 • PAPER MONEY 


No. Title Artist Engraver(s) 

658 Anus of Iowa JDS H.L. Chorlton 

Bonds: CBQ R 1881; Col. Fuel Co. 1889. Stock certificate: Buchtcl Iron Co. 1880. 

659 Depot JDS J. Smillie 

Bond & stock certificate: Lake Shore & M.S. Rwy Co. 1879; 1880 (stock certificate). 

660 Mount Hood JDS J. Smillie 

Bond: Northern Pacific Rwy ca. 1870 and later. (This became their standard vignette.) 

665 Steam, Infancy & Progress JDS J. Smillie 

[Emblem: ships, sailing and steam, and train] 

673 Golden Gate JDS (J.) Smillie 

Bonds: California Redwood Co. 1883; Market Street Cable Rwy 1883. 

Stock certificate: Emporium Corp. 1926. 

677 Anns of Mississippi JDS 0.) Smillie 


679 Lowell Water Works 

Bond: City of Lowell. 


JDS 


J. Smillie 


The New Depot, £682 



682 The New Depot JDS J. Smillie 

Bank note: Banco Nacional del Paraguay 200 pesos (back), PS 152. 

Bonds: numerous railroads including Union Terminal Rwy Co. of the City of Buffalo, 1884. 

684 Locomotive unknown JDS 

Bank notes: Banco Mejicano I peso, PS146; Banco Nacional de Mexico 1 peso, PS255. 

Bonds & stock certificates: numerous railroads including Michigan Central RR registered and coupon bond 1881. 

688 Anns of Kansas JDS J. Smillie 

Bonds: Atchison, Colorado & Pacific 1879; Atchison, Topeka & Santa Fc Rwy 1880. 

691 Union Dime Savings Bank N.Y. JDS J. Bannister 

692 Anns of Colorado JDS JDS 

Bond: Moose Mining Co. 1880. Stock certificate: Adams Mining Co. 1883. 

693 Banco Trujillo [Peru .Anns] JDS R. Hinshelwood 

Bank note: Peru 1 sol, PS402 & PS414. 


694 Anns of Ecuador JDS JDS 

Bank notes: Banco del Ecuador 1883, 100 pesos, PS195A. 

Bond: Banco de Crcdito Hipotecario 1882. 

Bill of exchange: Banco de Quito 1 879. 

700 [Railroad] JDS JDS 

Bonds: 1884: Burlington, Cedar Rapids & Northern Rwy; Chicago, Freeport & St. Paul Rwy; Litchfield, Carrolton & Western RR. 

704 [City of Boston Arms] JDS J. Smillie 

706 Banco Franco Platense [Uruguay arms] unknown (JDS) 

Bank notes: Uruguay 10 & 20 pesos, PS172 & 173. 


PAPER MONEY • November/December 2001 • Whole No. 216 


375 


No. Title Artist Engraver(s) 

707 West Virginia Aims JDS G.J. Verbeck, Sr. 

Coupon bonds: West Virginia & Central Pittsburgh Rwy 1881; General Refractories Co. 1916. 

Stock certificates: West Virginia & Central Pittsburgh Rwy 1881; Chesapeake & Ohio RR 1885; Cook Inlet Coal Fields Co. 

709 Argentine Republic [arms] JDS G.J. Verbeck, Sr. 

Stock certificate: Banco Nacional 1881. 

710 Progress JDS J. Smillie 

(Two Indians on hill looking down at train.) 

Coupon bonds: Chicago, Milwaukee & St. Paul Rwy Co. 1880; Denver Rio Grande Western Rwy Co. 1881; Kansas Pacific Rwy 
Co. 1879, and many other bonds and stock certificates. 


717 

[Water Carrier] 

Banknote: Peru 5 soles, PS3 13. 

JDS 

J. Smillie 

722 

Un Sol - Peru 

JDS 

G.J. Verbeck, Sr. 

725 

The Little Joker 

JDS 

G.J. Verbeck, Sr. 


U.S. Postal Panel: for the Christmas stamp The Hobby Horse 18 Oct. 1978. 


726 

Illimani [mountain scene] 

JDS 

J. Smillie 

728 

Valparaiso 

JDS 

G.J. Verbeck, Sr. 


Coupon bond: Chile Municipalidad de Valaparaiso 1 879. 


730 

Mule Train No. 2 

JDS 

J. Smillie 


Bank note: Colombia 50 pesos, PS387. 

Stock certificate: Bushwacker Mining Co. 1891 



731 

Atlanta St. Raiul Road 

Ticket: Compania Urbana Parense 1892. 

JDS 

G.J. Verbeck, Sr. 

733 

Arms of Valparaiso 

JDS 

G.J. Verbeck, Sr. 


Coupon bond: Chile, Municipilidad de Valparaiso 1879. 


735 

[Medallion] 

JDS 

J. Smillie 


Cincinnati Industrial Exposition Award 1872 (8 April 1872 in diary'). 


755 

Lassoing Cattle No. 2 

Bank note: Hawaiian Islands S10, PI. 

JDS 

L. Delnoce 

111 

South American Ostrich Hunting 

JDS 

J. Smillie 


Bank note: Argentina 104, P6, Argentina, Banco Provincia de Santa Fe 10 pesos, PS816. 


780 

Locomotive 

JDS 

J. Smillie 


Coupon bonds 1882: Burlington & Ohio River 

Rwy 1882; Chicago & Northwestern Rwy. 



Stock certificate: Chicago, Burlington & Quincy RR 1883. (Numerous uses of this subject.) 


784 

[FNB of NY trademark] 

JDS 

J. Smillie 

788 

Trademark [FNB NY] 

JDS 

J. Smillie 

792 

Salina, Kansas 

Draft: John Geis & Co. 

JDS (from photo) 

J. Smillie 

796 

Florida Anns 

JDS 

J. Smillie 

799 

Llama Train No. 4 

JDS 

J. Smillie 


Bank note: .Argentina, Banco de la Provincia de Buenos Aires 1886 (probably PS561). 


800 

Anns of Prov. of Santa Fe 

JDS 

J. Smillie 


Bank note: Banco de la Provincial de Santa Fe 1882 (probably PS826-835). 


801 

Reaper in S.A. 

Bank note: Nicaragua 5 pesos, PS 108 

JDS 

J. Smillie 

802 

[Steam thresher] 

JDS 

H. Beckwith 

808 

[Eagle on Shield] 

JDS 

J. Smillie 

810 

Gaucbo Lassoing 

Bank note: Argentina 500 pesos, PS544. 

(JDS) 

J. Smillie & W.W. Rice 



376 


November/December 2001 • Whole No. 216 • PAPER MONEY 



No. 

812 


813 

817 

826 

828 

833 

849 


852 


Title Artist 

City ofTokio PMSS Co. (Steamship) JDS 

Bank note: Argentina 200 pesos, PS5 10 & PS543. 

Stock certificate: Pacific Mail Steamship Co. 1879. 

Coupon bond: Tehauntepec Inter-Ocean RR Co. 1880. 

Anns of Alabama JDS 

Coupon bond: State of Alabama 1880; East & West RR 1882; City of Mobile 1880. 
Stock certificate: Georgia Pacific Rwy Co. 1882. 

Montevideo [tanning hides] JDS 

Bank note: Uruguay 20 pesos, PA105. 


Engraver(s) 

J. Smillie 


J. Smillie 


J. Smillie 


Buckeye Reaper JDS J. Smillie 

Coupon bond: Atchison, Colorado & Pacific Rwy 1879; NY, Lackawanna West Rwy 1880. 

Stock certificate: Great Northern Rwy 1929. 


Bacchus JDS F. Girsch 

Banknote: Colombia 100 pesos, P2 18; Mexico 50 pesos, PS158. (See 29 June 1875) 


[Horse’s head] JDS J. Smillie 

Coupon bond: Cleveland, Belt Line Rwy Co. 1890; California Fruit, Grain & Grazing Co. 1892. 


Condor - Chile JDS J. Smillie 

Bank note: Bolivia 1 bol., PS205; Colombia 1, 5, 10 & 20 pesos, PS521-525; Chile 10 & 20 pesos, PS334 & PS335. 
Coupon bond: Oregon Rwy & Navigation Co. 1880. 


Large Condor JDS J. Smillie 

Bank note: Banco Nacional de Chile 1 882; Colombia 50 pesos, PS585. 


853 

[Arms of Chile] 

JDS 

855 

Illimani No. 2 

Bank note: Bolivia 100 bol., PS204. 

JDS 


G.F.C. Smillie 
J. Smillie 



The Harbor, #859 


859 The Harbor [RR scene] JDS J. Smillie 

Coupon bond: Adantic & Pacific RR Co. 1886; Central Pacific RR Co.; Chesapeake, Ohio & Southwestern RR 1881 and others. 

878 Bottom of the Shaft JDS Q.) Smillie 

Bonds: Cahaba Coal Mining Co. 1884; Cameron Coal Co. 1883; Chicago & Northern Rwy Co. 1881; Spring Valley Coal Co. 1885. 


PAPER MONEY • November/December 2001 • Whole No. 216 


377 


Acknowledgement 

Appreciation is extended to Brucia Witthoft, PhD, Mark 
D. Tomasko for providing numerous illustrations, Walter 
Allan, and to William Barrett for providing photos from the 
ABNCo presentation book to Alexander, II, Emperor of 
Russia. 

Sources: 

American Bank Note Archive Series. American Bank Note Co. 

Commemoratives: Huntington, NY (1988, 1990, 1992). 
American Bank Note Company engraving records. 

American Bank Note Company Presentation Book to Imperial 
Majesty Alexander 11, Emperor of Russia, New York (1860). 
(Note: This book is in the Hermitage in Moscow.) 

Hessler, G. “Note-ables,” Coin World. Amos Press: Sidney, 
OH (1999). 

Hessler, G. The Engraver's Line. Port Clinton, OH: BNR 
Press (1993). 

Morris, T.F. “James Smillie, the Pictorial Engraver,” The 
Essay-Proof Journal, Nos. 2, 4 & 5. The Essay-Proof 
Society ( 1 944 & 1 945). 

Pick. A. Standard Catalog of World Papa' Money, Vols. I and 2. 

Iola, WI: Krause Pub. (1995, 1996). 

Schneider, R. “The Career of James David Smillie,” American 
Art Journal. Vol. XVI. Archives of American Art: 
Washington, DC. (Winter, 1984). 

Smedley, G.B. “The Smillie Family: American Engravers and 
Painters,” The Numismatist, (July 1958) pp. 771-780. 
Smillie, J.D., Diaries of. Archives of American Art: 
Washington, DC. (1865-1909). 

Witthoft, G. “The Story’ of James Smillie’s Engraving after 
Albert Bierstadt’s The Rocky Mountain," The American Art 
Journal, Vol. XIX, No. 2, (1987). 


MACERATED MONEY 

Wanted information on U.S. Chopped up Money. 

Who made the items, where sold, and anything of interest. 

Also I am a buyer of these items. Top Prices paid. 

Bertram M. Cohen, 169 Marlborough St., Boston, MA 02116-1830 

E-mail: Marblebert@aolcom 




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November/December 2001 • Whole No. 216 • PAPER MONEY 

Every Short Snorter Has Its Own Tale(s) to Tell 

By Colonel Bill Murray By Larry “Ski” Smulczenski 

.WAYS INTERESTED IN REFERENCES THAVE LOOKED AT THOUSANDS OF SHORT 
rt Snorters. Mine, long lost and sadly so, con- _L snorter notes over the years, and the number of 
ly three notes, but some interesting signatures, names that I could identify could be counted on my fin- 
: date of its inception, I'm unsure, but it was in gers. Yes, I have seen some notes in auction catalogs 
, early 1943. I was a passenger on board a that have been signed by famous people like President 
3ird from Milne Bay, British New Guinea to Franklin Roosevelt or General Dwight Eisenhower or 
esby. When we landed, I had to await trans- General George Patton. I even own one that was sold 
and was taken by the crew (pilot and co-pilot) to me by good friend R. A. Medina, a 1929 1 peso note 
:ers’ club near the strip. from the Philippines that it signed by C. L. Chennault 

asked if I had my Short Snorter. I not only of Flying Tiger fame and three other military officers. 

Were these others 
members of the famed 
Flying Tigers? Or since it 
was a Philippine note could 
it have been created by an 
aircrew flying Chennault 
from China to the 


they were talking 
about. They then 
proceeded to tell 
me that you were 
"authorized" one 
(maybe not their 
exact words, but 
close) when you 
had crossed an 
ocean in an Army 
aircraft, and if you didn't have yours to show, you 
bought a round of drinks. 

I said, "I haven't crossed an ocean in an aircaft," and 
they responded, "You just did. Order up." I did not 
think following the coast of the Coral Sea off new 
Guinea for 200 miles or so constituted "crossing an 
ocean," but I was a ground pounder in their club, so I 
ordered up. ^ 


PAY. VILE TO THE BEAKED UN DEMAN D 

IN SILVER PESOS OR IN LEOAL TENDER 
CURRENCY OF THE.UNITED STATES 
OF EQUIVALENT VALUE 


F06495162 


when Fred Schwan and I 
visited Grover at his home a half dozen years or so ago. 
I think Grover told us he bought it out of a New York 
auction held by Stack’s. It was tdghdy rolled and had to 
be somewhere between 12 and 15 inches in diameter. 
The total number of notes slips my mind, but it had to 
be 400 to 500 notes with a length up to 200 feet long. 

I spent about three hours looking for notable signa- 
tures on die notes. The only one that I recognized was 
Joe Kennedy, who was the older brother of President 
John F. Kennedy. I wonder what happened to that roll? 
Was it sold before Grover died, or did it go into the 



PAPER MONEY • November/December 2001 • Whole No. 216 


379 


$ money mart 


PAPER A/O.Y£J'will accept classified advertising — from members only — on a 
basis of 1 5c per word (minimum charge of S3. 75). Ad must be non-commercial 
in nature. 

Word count: Name and address count as five words. All other words and 
abbreviations, figure combinations and initials count as separate words. No 
check copies. 10% discount for four or more insertions of the same copy. 

Authors are also offered a free three-line classified ad in recognition of 
their contribution to the Society These ads are denoted by (A) and are run on a 
space available basis. 

TRADE OR SELL SS CH UNC 1929 National 906 Lexington, KY 
Type 2 for your UNC National. Write Robert Marshall, 87 Jane Dr., 
St. Peters, MO 63 3 76 (216) 

CmL WAR ENCASED STAMPS rare ©1994 limited 1st edition, 
unbound folios, antique oversize paper, autographed. Only Si 69. 
Fred Reed, POB 1 18162, Carrollton, TX 75011-8162 (216) 

HUNTSWLLE , ALABAMA PAPER WANTED: Nationals, obso- 
letes, merchant scrip, checks, postcards, etc. Bob Cochran, Box 1085, 
Florissant, MO 63031. Life Member SPMC. (218) 

PAPER MONEY BACK ISSUES WANTED: #124 (|uly/Aug 1986) 
through #150 (Nov/Dec 1990). Boh Cochran, Box 1085, Florissant, 
MO 63031. Life Member SPMC. (218) 

BANK/BANKING HISTORIES WANTED: I collect, sell and trade 
bank histories. Whatcha got? Whatcha need? Bob Cochran, Box 
1 085, Florissant, MO 6303 1. Life Member SPMC. (2 1 8) 

RUSSIAN AND WORLD BANK NOTES, Paper Collectibles and 
Coins. Michael Haritonov, P.O. Box 1436, 40020 Sumy, Ukraine. 
SPMC member. (2 1 8) 


HELP A FELLOW COLLECTOR. 1 only need two issues of Paper 
Movey to complete my set (#133 J/F 1988 & #195 M/J 1998). If you 
can help, please contact Fred Reed, e-mail: freed3@airmail.net (A) 


HELP ME TURN UP THESE NOTES. NB of Commerce of Dallas 
#3985 (S5, S10 T2), and North Texas NB in Dallas #12736 (S10, S20 
Tl). Frank Clark, POB 117060, Carrollton, TX 75011-7060 (A) 

SERIOUS COLLECTOR SEEKS Evansville, IN banking items, esp. 
most large size nationals, post cards and collateral items. Thanks. 
Dave Grant, 1229 Red Oak Plantation. Ballwin MO 6302 1 (A) 


A HISTORY OF BERMUDA & ITS PAPER MONEY (2nd ed.). 
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paid. Nelson Page Aspen, 420 Owen Rd, West Chester, PA 19380 (A) 


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380 


November/December 2001 • Whole No. 216 • PAPER MONEY 


An Index to Paper Money 
Volume 40, 2001 / Numbers 211-216 

Compiled by George B. Tremmel 



Yr. 

Vol. 

No. 

Pg- 

40TH ANNIVERSARY ISSUE ARTICLES. 





#13 Was Lucky for Harry, Harry Forman, illus. 

01 

40 

211 

144 

Si 20 to Baldv, $140 to Bushy, Si 20 to Baldy, Tom Denly, illus. 




01 

40 

211 

153 

1985: SPMC Sponsors Cherry Hill Show, Bill Horton, illus. 




01 

40 

211 

58 

A New' Word For Our Fraternity, Gene Messier. 

01 

40 

211 

86 

A Society Tradition, Tom Bain Raffle Raises Funds and Fun, 



Wendell Wolka, illus. 

01 

40 

211 

42 

A Trial Listing: Catalog of SPMC Memorabilia, Fred L. Reed III, illus. 


01 

40 

211 

107 

.ABN Co. Provides SPMC Members With Unique 

ID Cards, 



Fred L. Reed III, illus. 

01 

40 

211 

30 

BEP Visit Led to Lifelong Paper Money Affair, Nathan Goldstein II, illus. 


01 

40 

211 

155 

Bill Donlon Was Memorable, Charles Kemp 

01 

40 

211 

158 

Congratulations SPMC, James N. Treadaway 

01 

40 

211 

136 

Dealers With V\ r hom I Have Dealt, Dewin G. Prather, illus. 




01 

40 

211 

146 

Did You Hear the One About the Traveling Salesman from low 

•a?. 


Ron Horstman, illus. 

01 

40 

211 

153 

Directories Controversial 

01 

40 

211 

87 


Earlier Day's of Collecting: Personalities and Occurrences, Neil Shafer, illus. 



01 

40 

211 

89 

Happy Anniversary’ SPMC, David M. Sundman 

01 

40 

211 

136 

History in Your Hand, John T. Hickman 

01 

40 

211 

152 

How I Was Inspired to Seek to Put the Motto IGW1 

r on 

Our Currency, 

Matt Rothert, Sr., illus. 

01 

40 

211 

140 

How the First Five SPMC Member #s Were Assigned, G 

eorge 

W. Wait 


01 

40 

211 

8 

How the SPMC Logo Came to Be, Brent Hughes, illus. 

(II 

40 

211 

18 

How the SPMC Logo Came to Be, Forrest Daniel, illus. 

(II 

40 

211 

18 

John Hickman Knew Itch Would Return’, Tom Snyder 

III 

40 

211 

152 

Just Who was D.C. Wismer Anyway?, Ted Hammer 

01 

40 

211 

50 

Let’s Sec What Messier Says, David Ray Arnold 

01 

40 

211 

86 

Let’s Take the Time to Record Some of These Happ 

icnings, 



Roman L. Latimer, illus. 

01 

40 

211 

135 

Longs to Make It to Memphis, Ralph Osborn, illus. 

01 

40 

211 

144 


Longtime SPMC Members Share Their Recollections, Joe Lasser, Howard 
Schein, Robert Hendcrshott, Milton Friedberg, & Warren Henderson. 

01 40 211 147 

Magazine Brings Back Memories to Former Editor, Barbara Mueller 

01 40 211 158 

Many Early SPMC Members Still Active in Hobby and Society'. 

01 40 211 11 

Membership Milestones 01 40 211 15 

Our Membership: Who Were We? Who Are We Now?, 

Fred L. Reed m, illus. 01 40 211 34 

Paper Money Salutes Longtime Advertisers 01 40 211 72 

President’s Column: Welcome to SPMC’s 40th Year 1961-2001, 

Frank Clark 01 40 211 3 

Remembering Early Paper Money Collectors I Knew, Robert H. Lloyd, illus. 

01 40 211 134 

Remembering ’Mr. In God We Trust’: Matt Rothert, Fred L. Reed III, illus. 

01 40 211 118 

Remembering the International Branch of the SPMC Tree, 

Peter Robin, illus. Of 40 211 136 

Reminiscences Are Sweet for Many SPMC Vets, Gary Hacker, Gene Messier, 
John Glynn, & Q. David Bowers. 01 40 211 151 

Sends His Regards, Jeffery L. Goodall 01 40 211 92 

Society Awards Have Taken a Number of Forms Over the Years, 

David D. Gladfelter, illus. 01 40 211 102 

Society Honors Authors, Exhibitors, Recruiters and Workers, 

Fred L. Reed III, illus. 01 40 211 98 

Society' Magazine Paper Money Thrives for Four Decades, Fred L. Reed III, 
illus. “ 01 40 211 38 

Society of Paper Money Collectors Celebrates 40 Years of Collecting/ 
Camaraderie, Bob Cochran, illus. 01 40 211 5 

Some Reflections on SPMC and Paper Money Collecting, Larry' Adams, illus. 

01 40 211 148 


Yr. Vol. No. Pg. 

Some Society' Officers Chalked Up Lengthy Service 01 40 211 91 

SPMC & TAMS Share STM & OPMC Heritage, Medal, Dr. George Fuld, 
illus. 01 40 211 10 

SPMC Aw ard Winners and Honorees, 1961-2001, Bob Cochran, Gene 


Messier, George Trcinmcl & Fred Reed III. 

01 

40 

211 

94 

SPMC Helped Him Start Out, and Other Remembrances, Harry Jones, 

Bruno Rzepka, John A. Parker & Robert C. Wagner 

01 

40 

211 

142 

SPMC Memories: Reminiscences of Some Ragpickers, Wayne Homren, 

Frank Clark and Dennis Forgue. 

01 

40 

211 

154 

SPMC Officers. Project Chairmen, Award Winners, 1961-2001 Bob 


Cochran, Gene Messier & Fred L. Reed III. 

01 

40 

211 

103 

SPMC Officers, 1961-2001, Bob Cochran 

01 

40 

211 

88 

SPMC Privately Issued Souvenir Card, Mike Bean 

01 

40 

211 

130 

SPMC Publishing Efforts Span 34 Years, 20 Books, Bob Cochran, 


Fred L. Reed III, illus. 

01 

40 

211 

50 

SPMC Salutes Longtime Members. 

01 

40 

211 

82 

SPMC Service Has Its Grins, C. John Ferreri 

01 

40 

211 

106 

SPMC Supplied Me Info, Lloyd Deierling 

01 

40 

211 

152 

SPMC Thanks Our Sponsors and Patrons 

01 

40 

211 

4 

Thanks for All the Memories & the Education, Fred L. Reed III 

, illus. 



01 

40 

211 

156 

Thanks to All the Members, Donald L. Benson 

01 

40 

211 

106 

That’s The Way It Was, Hank Bieciuk 

01 

40 

211 

8 

The Big Spender, Peter I luntoon, illus. 

01 

40 

211 

143 

The Early Days of SPMC, Forrest W Daniel. 

01 

40 

211 

150 

'fhe Olden Days of Paper Money Collecting, Steve Whitfield. 




01 

40 

211 

134 

Three Year SPMC Statement of Operations, Mark Anderson, SPMC 


Treasurer 

01 

40 

211 

132 

Top Recruiters One Key to Society Growth 

01 

40 

211 

35 

Tucked Away Brown Back Is One of Life's Prizes, Robert R Andrews. 



01 

40 

211 

89 

University Stint Led to Lifelong Affection for Things U.S, 




Harold Don Allen, illus. 

01 

40 

211 

150 

Adams, Larry’. Some Reflections on SPMC and Paper 

Money Collecting, illus. 

01 

40 

211 

148 

Allen, Harold Don. 





Canadian Journey Notes Launch a New Century, illus. 

01 

40 

215 

338 

L^niversitv Stint Led to Lifelong .Affection for Things U.S, illus. 




01 

40 

211 

150 

Anderson, Mark., SPMC Treasurer. 

Three Year SPMC Statement of Operations 
Andrews, Robert R. 

01 

40 

211 

132 

Tucked Away Brown Back Is One of Life’s Prizes. 

01 

40 

211 

89 

Arnold, David Ray. Let's See WTiat Hessler Says 

01 

40 

211 

86 

Aspen, Nelson Page. There Can Be Beauty, illus. 
BANKS .AND BANKERS. 

01 

40 

215 

315 

Bank Counter Robber, Bob Cochran 

01 

40 

214 

247 

His Distinguishing Mark, Bob Cochran 

01 

40 

212 

186 

John Ohlmstcd, Bob Cochran, illus. 

01 

40 

212 

186 

National Bank of Commerce in St. Louis Bob Cochran 01 

40 

214 

247 

Posted Poem Recites Seven Ages of a Banker, Frank Clark, illus. 



01 

40 

214 

250 

Sign Check with Thumb, Bob Cochran 

01 

40 

214 

247 

The Accommodations Bank, Bob Cochran 

01 

40 

214 

247 

When Extremes Meet, Bob Cochran, illus. 

Barrett. L. S. & Gene Hessler. 

01 

40 

214 

247 

A Gilt Fit for a Czar: An ABNCo Presentation Book, illus. 





01 

40 

215 

319 

Bean, Mike. SPMC Privately Issued Souvenir Card, illus. 

01 

40 

211 

130 

Benson, Donald L. Thanks to All the Members 

01 

40 

211 

106 

Bieciuk, Hank. That’s The Way It Was 

01 

40 

211 

8 

Boling, Joseph. More Thoughts on Short Snorters, illus. 

01 

40 

216 

394 

Brase, David A., Ph.D. Predicting the Possible Existence of Unreported 


National Currency', illus. 

01 

40 

212 

180 


CHECKS. 

A Singular Specimen: Emergency Currency' of 1907, Ron Horstman, illus. 

01 40 214 267 

Clark, Frank. About Texas Mostly: 

A Low' Numbered Pair, illus. 


01 40 212 184 


PAPER MONEY • November/December 2001 • Whole No. 216 


381 



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382 


November/December 2001 • Whole No. 216 • PAPER MONEY 



Yr. 

Vol. 

No. 

Pg- 

An Interesting Dallas Deuce, illus. 

01 

40 

216 

372 

Posted Poem Recites Seven Ages of a Banker, illus. 

01 

40 

214 

250 

The President s Column: 





Welcome to SPMC’s 40th Year 1961-2001 

01 

40 

211 

3 


01 

40 

212 

176 


01 

40 

213 

212 


01 

40 

214 

246 


01 

40 

215 

336 


01 

40 

216 

388 

Cochran , Bob, Gene Hessler & Fred L. Reed III. SPMC Officers, Project 

Chairmen, Award Winners, 1961-2001 

01 

40 

211 

103 

Cochran, Bob, Fred L. Reed III. SPMC Publishing Efforts Span 34 Years, 

20 Books, illus. 

01 

40 

211 

50 

Cochran, Bob, Gene Hessler, George Tremmel & Fred Reed III. SPMC Award 

Winners and Honorees. 1961-2001 

01 

40 

211 

‘24 

Cochran, Bob. 





Bank Happenings: 





His Distinguishing Mark 

01 

40 

212 

186 

John Ohlmsted, illus. 

01 

40 

212 

186 

Bank Counter Robber 

01 

40 

214 

247 

National Bank of Commerce in St. Louis 

01 

40 

214 

247 

Sign Check with Thumb 

01 

40 

214 

247 

The Accommodations Bank 

01 

40 

214 

247 

When Extremes Meet, illus. 

01 

40 

214 

247 

Society of Paper Money Collectors Celebrates 40 Years of Collecting/ 


Camaraderie, illus. 

01 

40 

211 

5 

SPMC Officers. 196 1-2001 

01 

40 

211 

88 

CONFEDERATE AND SOUTHERN STATES CURRENCY. 



Is Sam Upham the Originator of the Female Riding Deer Note! 

?, 


George B. Tremmel, Illus. 

01 

40 

214 

235 

COUNTERFEIT, ALTERED & SPURIOUS NOTES. 




An Early Counterfeiting Case in China, Robert McCabe, illus. 




01 

40 

215 

308 

Is Sam Upham the Originator of the Female Riding Deer Note! 

r, 


George B. Tremmel, Illus. 

01 

40 

214 

235 

Daniel, Forrest W. 





How the SPMC Logo Came to Be, illus. 

(II 

40 

211 

18 

The Early Day's of SPMC 

01 

40 

211 

150 

The Green Goods Game: A Bad $5 Bank Note 

01 

40 

212 

182 

A Bank Note Fan 

(11 

40 

212 

182 

Gun Money 

01 

40 

213 

210 

Swindled 

III 

40 

213 

210 

Deierling, Llovd. SPMC Supplied Me Info 

01 

40 

211 

152 

Denly, Tom. 





Si 20 to Baldy, SI 40 to Bushy, Si 20 to Baldy', illus. 

III 

40 

211 

153 

Directories Controversial 

01 

40 

211 

87 

ENGRAVERS & ENGRAVING .AND PRINTING. 





Excerpts from the Diaries of James D. Smillie, Gene Hessler, illus. 



01 

40 

214 

254 

Excerpts from the Diaries of James D. Smillie, Gene Hessler, illus. 



01 

40 

213 

199 

Waterman Lilly Ormsbv and the Continental Bank Note Co., 



Robert McCabe, illus. 

01 

40 

212 

163 

Work Done for .ABNCo Bv James D. Smillie from 1858- 

•1879, 



Gene Hessler & Mark Tomasko, illus. 

01 

40 

215 

311 


Yr. Vol. No. Pg. 

Excerpts from the Diaries of James D. Smillie, illus. 01 40 214 254 

Excerpts from the Diaries of James D. Smillie, illus. 01 40 213 199 

The Buck Starts Here: 

Many Nations Honor Musicians on Notes, Part 1 01 40 213 230 

Many Nations Honor Musicians on Notes, Part 2 01 40 215 334 

Work Done for ABNCo By James D. Smillie from 1858-1879, illus. 

01 40 215 311 


Work Done for ABNCo by James D. Smillie from 1858-1879, Concluded, 


illus. 

01 

40 

216 

373 

Hickman, John T. History in Your Hand 

01 

40 

211 

152 

Homren, Wayne, Frank Clark and Dennis Forgue. 

SPMC Memories: 


Reminiscences of Some Ragpickers 

01 

40 

211 

154 


Horstman, Ron. A Singular Specimen: Emergency Currency of 1907, illus. 

01 ’ 40 214 267 

Did You Hear the One About the Traveling Salesman from Iowa?, illus. 

01 40 211 153 

Horton, Bill. 

1985: SPMC Sponsors Cherry Hill Show, illus. 01 40 211 58 

Hughes, Brent. 

How the SPMC Logo Came to Be, illus. 01 40 211 18 

Huntoon, Peter. 

The Big Spender, illus. 01 40 211 143 

The Paper Column: 

New $5 Back Plate 637 FRN Discoveries, illus. 01 40 2 12 172 

Profile of Two Rarities: $2 Legal Tender Series of 1928C Mule & Series 
1928D BA Block Non-Mule, illus. 01 40 213 218 

INTERNATIONAL. 

A Gift Fit for a Czar: An ABNCo Presentation Book, L. S. Barrett & 

Gene Messier illus. 01 40 215 319 

American Bank Note Company Issues in Russia, Michael Haritonov, illus. 

01 40 215 279 

An Early Counterfeiting Case in China, Robert McCabe, illus. 

01 40 215 308 

Canadian Journev Notes Launch a New Century, Harold Don Allen, illus. 

01 40 215 338 

Exchange Bank of Colon: A Review of Panama's Second Bank, 

Joaquin Gil del Real, illus. 01 40 215 294 

Many Nations Honor Musicians on Notes, Part 2, Gene Hessller, illus. 

01 40 215 334 

Silver Certificates of Cuba Made by the U.S. BEP: 1934-1949, 

Neil Shafer, illus. 01 40 215 298 

The Other Battleship Note, Wendell Wolka, illus. 01 40 215 344 

There Can Be Beauty, Nelson Page Aspen, illus. 01 40 215 315 

Welcome to A New World of Currency; Paper Money Goes International, 
illus. 01 40 215 280 

Jones, Harry', Bruno Rzepka, John A. Parker & Robert C. Wagner. SP.V1C 
Helped Him Start Out, and Other Remembrances 01 40 211 142 

Kemp, Charles. Bill Donlon Was Memorable 01 40 211 158 

Lasser, Joe, Howard Schein, Robert 1 lendershott, Milton Friedberg, & Warren 
Henderson. Longtime SPMC Members Share Their Recollections 

01 40 211 147 

Latimer, Roman L. Let's Take the Time to Record Some of These 
Happenings, illus. 01 40 211 135 

Lloyd, Robert H. Remembering Early Paper Money Collectors I Knew, illus. 

01 40 211 134 


Work Done for ABNCo by James D. Smillie from 1858-1879, Concluded, 


Gene Hessler & Mark Tomasko, illus. 

01 

40 

216 

373 

Ferreri, C. John. SPMC Service Has Its Grins 

01 

40 

211 

106 

Forman, Harry. #13 Was Luckv for Harrv, illus. 

01 

40 

211 

144 

Fuld, Dr. George. SPMC & TAMS Share STM & OPMC Heritage. 


Medal, illus. 

01 

40 

211 

10 

Giedroyc, Richard. 





’Defaced' Notes Share Exciting Stories, illus. 

01 

40 

216 

390 

Gil del Real, Joaquin. Exchange Bank of Colon: A Review 

of Panama's 

Second 

Bank, illus. 

01 

40 

215 

294 

Gladfelter, David D. New Jersey's Notes: .Are These the Oldest & Newest 

Survivors?, illus. 

01 

40 

214 

241 


Society Awards Have Taken a Number of Forms Over the Years, illus. 


McCabe, Robert. 

An Early Counterfeiting Case in China, illus. 01 40 215 

Waterman Lilly Orinsby and the Continental Bank Note Co., illus. 

01 40 212 

MILITARY CURRENCY. 

Defaced' Notes Share Exciting Stories, Richard Giedroyc, illus. 

01 40 216 

Souvenirs, Personal Documents & Immortality, Neil Shafer, illus. 

01 40 216 


Mueller, Barbara. 


308 

163 

390 

359 


Magazine Brings Back Memories to Former Editor 01 40 21 1 158 

Murray, Colonel Bill. Every Short Snorter Has Its Own Tale(s) to Tell, illus. 


01 40 216 378 


01 40 211 102 

Goldstein, Nathan, II. BEP Visit Led to Lifelong Paper Money Affair, illus. 

01 40 211 155 

Goodall. Jeffery L. Sends His Regards 01 40 211 92 

Hacker, Gary, Gene Hesslcr, John Glynn, Q. David Bowers. Reminiscences Are 
Sweet for Many SPMC Vets 01 40 211 151 

Hammer, Ted. 

Just Who was D.C. Wismer Anyway?, illus. 01 40 2 1 1 50 

Haritonov, Michael. American Bank Note Company Issues in Russia, illus. 

01 40 215 279 

Hessler, Gene. A New Word For Our Fraternity. 01 40 2 1 1 86 


NEW LITERATURE. 


Confederate States Paper Money, 10th Edition, by Arlie Slabaugh, reviewed 
by Fred Reed 01 40 213 208 

The Coins and Banknotes in Palestine Under the British Mandate, 1927- 


1947, by Howard Berlin, reviewed bv Fred Reed 

01 

40 

213 

208 

OBSOLETE NOTES & SCRIP. 





New Jersey’s Notes: Are These the Oldest & Newest Survivors? 



David D Gladfelter, illus. 

01 

40 

214 

241 

Osborn, Ralph. Longs to Make It to Memphis, illus. 
Prather, Dewitt G. 

01 

40 

211 

144 

Dealers With WTiom I Have Dealt, illus. 

01 

40 

211 

146 


PAPER MONEY • November/December 2001 • Whole No. 216 


383 







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Members: Life ANA, CSNA, EAC, SPMC, FUN ANACS 






384 


Yr. 

Voi. 

No. 

Pg- 

Reed, Fred L., III. 




A Trial Listing: Catalog of SPMC .Memorabilia, illus. 01 

40 

211 

107 

ABN Co. Provides SPMC Members With Unique ID Cards, illus. 


01 

40 

211 

30 

Additions to A Catalog of SPMC Memorabilia, illus. 01 

40 

214 

249 

Long 'Lost' Note Brings Back Memories, illus. 01 

40 

216 

396 

New Works Cover Confederates, Palestine, illus. 01 

40 

213 

208 

Our Membership: WTio Were We? Who Arc We Now?, 

illus. 



01 

40 

211 

34 

Remembering Mr. In Cod We Trust' Matt Rothert, illus. 



01 

40 

211 

138 

Society Honors Authors, Exhibitors, Recruiters and Workers, illus. 


01 

40 

211 

98 

Society Magazine Paper Money Thrives for Four Decades, illus. 


01 

40 

211 

38 

Thanks for All the Memories & the Education, illus. 01 

40 

211 

156 

Editor's Notebook 0 1 

40 

211 

4 

01 

40 

212 

194 

01 

40 

213 

234 

01 

40 

214 

270 

01 

40 

215 

354 

01 

40 

216 

402 


Robin, Peter. Remembering die International Branch of the SPMCTree, illus. 

01 40 211 136 

Rothert, Matt, Sr. How I Was Inspired to Seek to Put the Motto IGWT on 
Our Currency, illus. 01 40 211 140 

Shafer, Neil. Earlier Days of Collecting: Personalities and Occurrences, illus. 

01 40 211 89 

Silver Certificates of Cuba Made by the U.S. BEP: 1934-1949, illus. 

01 40 215 298 

Souvenirs, Personal Documents & Immortality, illus. 01 40 216 359 

SHORT SNORTERS. 

'Defaced' Notes Share Exciting Stories, Richard Giedroyc, illus. 

01 40 216 390 

Every Short Snorter Has Its Own Tale(s) to Tell, Larry "Ski" Smulczenski, 
illus. 01 40 216 378 

Every Short Snorter Has Its Own Tale(s) to Tell. Colonel Bill Murray, illus. 



01 

40 

216 

378 

Long 'Lost' Note Brings Back Memories, Fred Reed, illus. 





01 

40 

216 

396 

More Thoughts on Short Snorters, Joseph Boiling, illus. 





01 

40 

216 

394 

Short Snorter Looms As Menace, John Steinbeck. 

01 

40 

216 

364 

Souvenirs, Personal Documents & Immortality, Neil Shafer, illus. 



01 

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216 

359 

Smulczenski, Lam- "Ski". Every Short Snorter Has Its Own Talc(s) to 

Tell, 

illus. 

01 

40 

216 

378 

Snyder. Tom. John Hickman Knew 'Itch Would Return' 
SOCIETY OF PAPER MONEY COLLECTORS. 

01 

40 

211 

152 

2nd Annual George W. Wait Memorial Prize Announcement 




01 

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216 

386 

Advertisers Index 

01 

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211 

159 


01 

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212 

195 


01 

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213 

235 


01 

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271 


01 

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215 

355 


01 

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An Index to Paper Money, Vol. XI. 

01 

411 

216 

380 

ANA Honors Paper Money 

01 

40 

215 

354 

Buy a 40th Anniversary Commemorative Issue 

01 

40 

212 

170 

Collectors Wanted 

01 

•III 

213 

214 


01 

40 

214 

250 

Coming to Paper Money’s Nov/Dec Issue 

01 

hi 

215 

336 

Comprehensive Paper Money Index For Sale 

0) 

4(1 

212 

176 


01 

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213 

212 


01 

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214 

246 


01 

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336 


01 

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Editor's Notebook 

01 

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01 

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01 

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01 

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354 


01 

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402 

Hey Buddy, Sell Your Foreign Notes in Paper Money 

01 

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229 


01 

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236 

In Meraoriam: Stephen R. Taylor, 1926-2001 

01 

4(i 

215 

316 

Doug Walcutt, 1935-2001 

01 

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211 

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Information & Officers 

01 

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211 

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November/December 2001 • Whole No. 216 • PAPER MONEY 



Yr. 

Vol. 

No. 

Pg- 


01 

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162 


01 

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198 


01 

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234 


III 

40 

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281 


III 

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IPMS Awards 

01 

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348 

Letter to the Editor 

01 

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194 


III 

40 

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214 


01 

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270 


01 

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333 


01 

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Meet Your Candidates 

01 

40 

212 

164 

Minutes of SPMC Board Meeting, October 28, 2000 

01 

40 

212 

189 

Minutes of SPMC General Meeting, October 28, 2000 

01 

40 

212 

190 

Money Mart 

01 

40 

211 

109 


01 

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187 


01 

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213 

212 


01 

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246 


01 

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347 


(II 

40 

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New Members 

01 

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192 


01 

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234 


01 

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268 


01 

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270 


01 

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352 


01 

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Nominations Open for SPMC Board 

01 

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388 

Now Available: Official SPMC Membership Badges 

01 

40 

215 

318 

Official Notice: George W. Wait Memorial Prize 

01 

40 

212 

174 

President's Column 

01 

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211 

3 


01 

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176 


01 

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212 


01 

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01 

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Research Exchange 

01 

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01 

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SPMC Annual Awards 

01 

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176 

SPMC Board Meeting, June 16, 2001 

01 

40 

215 

346 

SPMC Co-sponsors Numismatic Symposium 

(II 

40 

213 

232 

SPMC Donations Increase for Member Year 2001 

01 

40 

215 

354 

SPMC Members Teach Paper Courses at .ANA Summer Seminar 



01 

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352 

SPMC Polity on Membership Privacy’ 

01 

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188 

SPMC Wait Prize Announcement 

01 

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232 

Welcome to A New W orld of Currency; Paper Money Goes International, 

illus. 

01 

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215 

280 

Steinbeck, John. Short Snorter Looms As Menace 

01 

40 

216 

364 

Sundman, David M. Happy Anniversary SPMC 

01 

40 

211 

136 

Treada way, James N. Congratulations SPMC 

01 

40 

211 

136 

Trommel, George B. An Index to Paper Money, Vol. 40, 2001, Nos. 211 

1-216 


01 

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216 

380 

Is Sam Upham the Originator of the Female Riding Deer Note: 

illus. 



01 

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214 

235 

U.S. NATIONAL BANK NOTES. 





A Low Numbered Pair, Frank Clark, illus. 

01 

40 

212 

184 

Predicting the Possible Existence of Unreported National Currency, 


David A. Brase, Ph.D, illus. 

01 

40 

212 

180 

U.S. SMALL SIZE NOTES. 





FEDERAL RESERVE NOTES. New S5 Back Plate 637 FRN Discoveries, 

Peter Huntoon, illus. 

01 

40 

212 

172 

LEGAL TENDER ISSUES. Profile of Two Rarities: $2 Legal Tender Series 

of 1928C Mule & Series 1928D BA Block Non-Mule. Peter Huntoon, illus. 


01 

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213 

218 

W'ait, George W. 





How the First Five SPMC Member #s Were Assigned 

01 

40 

211 

8 

Welcome to A New W'orld of Currency; Paper Money Goes International, illus. 


01 

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215 

280 

Whitfield, Steve. 





The Olden Days of Paper Money Collecting 

01 

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211 

134 

Williams, Noel. 





Statistical Report on a Hoard of $10 FRNs 

01 

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210 

Wolka, Wendell. 





A Society Tradition, Tom Bain Raffle Raises Funds and 1 

Fun, illus. 



01 

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42 

The Other Battleship Note, illus. 

01 

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344 ❖ 


385 





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386 


November/December 2001 • Whole No. 216 • PAPER MONEY 


2nd Annual George W. Wait Memorial Prize 


Society of Paper Money Collectors 
Official Announcement 

Purpose: The Society of Paper Money Collectors is 
chartered “to promote, stimulate, and advance the study 
of paper money and other financial documents in all 
their branches, along educational, historical and scientif- 
ic lines.” 

The George W. Wait Memorial Prize is available 
annually to assist researchers engaged in important 
research leading to publication in the paper money field. 

George W. Wait, a founder and former SPMC 
President, was instrumental in launching the Society’s 
successful publishing program. The George W. Wait 
Memorial Prize is established to memorialize his 
achievements/contributions to this field in perpetuity. 

Award: $500 will be awarded in unrestricted research 
grant(s). Note: the Awards Committee may decide to 
award this amount to a single applicant, or lesser 
amounts totaling $500 to more than one applicant. If, 
in the opinion of the Awards Committee, no qualifying 
applicant is found, funds will be held over. 

Eligibility: Anyone engaged in important research on paper 
money subjects is eligible to apply for the prize. Paper 
Money for the purposes of this award is to be defined 
broadly. In this context paper money is construed to 
mean U.$. federal currency, bonds, checks and other 
obligations; National Currency and National Banks; 
state-chartered banks of issue, obsolete notes, bonds, 
checks and other scrip of such banks; or railroads, 
municipalities, states, or other chartered corporations; 
private scrip; currency substitutes; essais, proofs or spec- 
imens; or similar items from abroad; or the engraving, 
production or counterfeiting of paper money and relat- 
ed items; or financial history in which the study of 
financial obligations such as paper money is integral. 

Deadline for entries: March 15, 2002 
A successful applicant must furnish sufficient informa- 
tion to demonstrate to the Society of Paper Money 
Collectors Awards Committee the importance of the 
research, die seriousness of the applicant, and the likeli- 
hood that such will be published for the consumption of 
the membership of SPMC and the public generally. 

The applicant’s track record of research and publi- 
cation will be taken into account in making the award. 

A single applicant may submit up to two entries in a 
single year. Each entry must be full and complete in 
itself. It must be packaged separately and submitted 
separately. All rules must be followed with respect to 
each entry, or disqualification of the non-conforming 
entry will result. 


Additional rules: The Wait Memorial Prize may be 
awarded to a single applicant for the same project more 
than once; however awards for a single project will not 
be given to a single applicant more than once in five 
years, and no applicant may win the Wait Memorial 
Prize in consecutive years. 

An applicant who does not win an annual prize may 
submit an updated entry of the non-winning project in a 
subsequent year. Two or more applicants may submit a 
single entry’ for the Wait Prize. 

No members of the SPMC Awards Committee may 
apply for the Wait Memorial Prize in a year he/she is a 
member of the awarding committee. 

Winner agrees to acknowledge the assistance of the 
Society of Paper Money Collectors and the receipt of its 
George W. Wait Memorial Prize in any publication of 
research assisted by receipt of this award and to furnish 
a copy of any such publication to the SPMC library. 

Entries must include: 

• the full name of the applicants) 

• each applicant’s social security number 

• a permanent address for each applicant 

• a telephone number for each applicant 

• the title of the research project/book 

• sufficient written material of the scope and progress 
of the project thus far, including published samples 
of portions of the research project, in appropriate 

Entries may also include: 

• the applicant’s SPMC membership number(s) 

• the applicant’s e-mail address (if available) 

• a bibliography and/or samples of the applicant’s 
past published paper money research 

• a photograph of each applicant suitable for publicity 

• a publishable photograph(s) of paper money inte- 
gral to the applicant’s research 

• a statement of publishability for the project under 
consideration from a recognized publisher 

Judging: All entries must be received by March 15, 
2002. All entries must be complete when submitted, 
and sufficient return postage should be included if 
return is desired. Address entries to George W. Wait 
Memorial Prize, P.O. Box 793941, Dallas, TX 75379. 

The single, over-riding criterion for the awarding 
of the Wait Memorial Prize will be the importance of 
the publication of the applicant’s research to SPMC 
members and the general public. All decisions of the 
SPMC Awards Committee will be final. 

First publication of the awarding of the Wait 
Memorial Prize will be revealed in the May/June 2002 
issue of SPMC’s magazine, Paper Money, with subse- 
quent news release to additional media. ♦> 


PAPER MONEY • November/December 2001 ‘Whole No. 216 


387 


CHECK THE “GREENSHEET” 
GET 10 OFFERS 
THEN CALL ME (OR WRITE) 
FOR MY TOP BUYING PRICES 


The Kagin name appears more often than any other 
in the pedigrees of the rarest and scarcest notes 
(U.S. Paper Money Records by Gengerke) 

BUY ALL U.S. CURRENCY Good to Gem Unc. 

I know rarity (have handled over 95% of U.S. in Friedberg) 
and condition (pay over "ask" for some) and am prepared 
to "reach" for it. Premium Prices Paid For Nationals 
(Pay 2-3 times "book" prices for some) 

BUY EVERYTHING: Uncut Sheets, Errors, Stars, 

Special Numbers, etc. 


I can't sell what I don't have 


Pay Cash (no waiting) - No Deal Too Large 

A.M. (“Art”) KAGIN 

505 Fifth Avenue, Suite 910 

Des Moines, Iowa 50309-2316 (515) 243-7363 Fax: (515) 288-8681 

At 81 Now is The Time - Currency & Coin Dealer Over 50 Years 
I attend about 25 Currency-Coin Shows per year 
Visit Most States (Call, Fax or Write for Appointment) 

Collector Since 1 928 
Professional Since 1 933 
Founding Member PNG, President 1963-64 
ANA Life Member 103, Governor 1983-87 
ANA 50-Year Gold Medal Recipient 1 988 






388 


November/December 2001 • Whole No. 216 • PAPER MONEY 


The 

President’s 

Column 

By FRANK CLARK 

I HOPE EVERYONE ENJOYED OUR SPECIAL interna- 
tional issue. I know I did. I enjoy reading about currency 
whether or not it is in my field of expertise. This issue is our 
special issue on World War II syngraphics. It is especially 
poignant with the comparisons of Pearl Harbor in 1941 and 
the recent horrific attacks on the World Trade Center and the 
Pentagon. 

If you have already paid your dues for 2002, I want to 
thank you. If you have not, please take a minute and do so 
now so that you can keep receiving our award winning publi- 
cation. 

If you are a life member, you will have also received a 
dues notice. Please disregard it. We know that you are a life 
member, however it would be very difficult for the publisher 
to pull those notices out individually for each life member. 
That is why you have received a dues notice. 

You will also note that you can make a fully tax deductible 
donation to enlarge our publication program. These gifts may 
be designated to the Wismer Fund (which subsidizes publica- 
tion of our U.S. obsolete currency books), or the George Wait 
Fund (which annually awards research grants to authors of 
books in the fields of paper money, banking, engraving). 

I hope to see you at the 16th National and World Paper 
Money Convention in St. Louis at the Airport Hilton Hotel, 
November 15th-18th. Besides the great bourse in this historic 
city, there will also be a SPMC general meeting. ❖ 

— Frank 





SPMC Vice President Wendell Wolka (left) and new ANA 
President John Wilson display the engraved SPMC souvenir 
card which was distributed to those attending the Society's 
40th Anniversary Party at this summer's ANA Convention in 
Atlanta, Ca. The card was engraved and printed by plate 
printer Michael Bean and donated to the Society by members 
Lee Quast and )ohn Parker. 


Nominations Open 
for SPMC Board 

The following SPMC Governors’ terms expire in 
2002: Frank Clark, Gene Hessler, C. John Ferreri, 
and Arri Jacob. 

If you have suggestions for candidates, or if the 
governors named above wish to run for another term, 
please notify Nominations Chairman Jimmie Ranes, 
P.O. Box 118333, Carrollton, TX 75011-8333. 

In addition, candidates may be placed on the bal- 
lot in the following manner: (1) A written nominating 
petition, signed by 10 current members, is submitted; 
and (2) An acceptance letter from the person being 
nominated is submitted with the petition. 
Nominating petitions (and accompanying letters) must 
be received by die Nominations Chairman by January 
15,2002. 

Biographies of the nominees and ballots (if neces- 
sary) for the election will be included in the 
March/ April 2001 issue of Paper Money. The ballots 
will be counted at Memphis and announced at the 
SPMC general meeting held during the International 
Paper Money Show. 

Any nominee, but especially first-time nominees, 
should send a portrait and a brief biography to the 
Editor for publication in Paper Money. ❖ 


Comprehensive 
Paper Money Index 

By George Tremmel 

Now For Sale 

Includes complete listing to all issues 
of the SPMC journal Paper Money 
1962-1999 

• 130-page Hard Copy only $12 • 

• Hard Copy & Floppy Disk only $13 • 

(searchable) 


Make checks payable to SPMC 
Mail to: Robert Schreiner 
POB 2331 

Chapel Hill, NC 27515-2331 



PAPER MONEY • November/December 2001 • Whole No. 216 


389 


PROTECT YOUR INVESTMENT: 
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BUYING AND SELLING 
PAPER MONEY 

U.S., All types 

Thousands of Nationals, Large and 
Small, Silver Certificates, U.S. Notes, 
Gold Certificates, Treasury Notes, 
Federal Reserve Notes, Fractional, 
Continental, Colonial, Obsoletes, 
Depression Scrip, Checks, Stocks, etc. 

Foreign Notes from over 250 Countries 

Paper Money Books and Supplies 

Send us your Want List ... or ... 

Ship your material for a fair offer 

LOWELL C. HORWEDEL 

P.O. BOX 2395 
WEST LAFAYETTE, IN 47996 

SPMC *2907 (765) 583-2748 ANA LM 41503 



WANTED 

COLONIAL/CONTINENTAL BANKNOTES 
Any Quantity, Any Condition. 

Ship in confidence to: 

Steve Pomex 

(Member ANA, SPMC, IBNS) 

PO Box 2, Ridgefield Park, NJ - 07660 
Tel: 201-641-6641 / Fax: 201-641-1700 
Email: Steve@Pomexport.com 


STOCKS & BONDS 

MONTHLY MAIL 
BID SALES 

RR’s, Mining, Banking, etc. etc. 
Something For Everyone 

FREE LISTING 

RICHARD T. HOOBER, JR. 

P.O. Box 3116. Key Largo. FL 33037 
Phone or Fax (305) 853-0105 



U.S. Paper 
Money Errors 

Actively purchasing ALL paper money mistakes . 
. . from inverted overprints and missing printings 
to offsets and double denominations. Please per- 
mit us to make an offer on one note, duplicates, 
or entire collections. 

Deal with THE specialist 

FREDERICK J. BART 
(810) 979-3400 
P.O. Box 2, Roseville, MI 
48066 

e-mail: BartlncCor@aol.com 











November/December 2001 • Whole No. 216 • PAPER MONEY 


390 


Confederate notes 
are among the earli- 
est type of which 
written messages of 
the Short Snorter 
type are known. 

The 1861 Confed- 
erate $50 note 
above, is still being 
researched to iden- 
tify the parties who 
autographed it. 



* Defaced ' Notes 
Share Exciting Stories 


By Richard Giedroyc 


Atomic Short Snorter autographed by 
Wayne W. Seeley (below), who was 
assigned to the AKA47 U.S.S. Chara 
where he served as coxswain on an 
amphibious landing craft for the task 
force. The U.S.S. Cumberland was the 
flag and communications ship. 
According to Seeley, he was a "plank" 
or charter member of the Chara crew 
and spent his entire Navy career in the 
Pacific Theater during World War II. 
He was involved in five amphibious 
invasions, was stationed on three other 
ships and was discharged from the 
Navy in 1947. He was not directly 
involved in any of the atomic bomb 
tests. 



T O SOME PEOPLE THEY ARE A BLIGHT ON THE HOBBY; 

to others they are an exciting area of paper money begging to be 
researched: These are the autographed notes commonly known as 
Short Snorters. 

I have heard collectors and dealers suggest such notes are simply 
defaced, yet I have also heard enthusiasts say they find the notes to be trea- 
sured artifacts of a bygone era. 

Paper bank notes have likely been autographed as souvenirs almost since 
the time the first printed notes were issued, however the earliest known such 
notes date from the American Civil War. 

The currently accepted name "short snorter" is sometimes broadly used 
as a blanket umbrella term to describe any note on which someone has signed 
a name or scribbled a message. In the stricter sense, die term is reserved for a 
note on which the autographs were added while the parties were active in the 
military. 






PAPER MONEY • November/December 2001 • Whole No. 216 


391 



HAWAII overprint $1 Silver Certificate 
of Series 1935A is signed by 10 individ- 
uals, two of which identify themselves 
as officers. The note also indicates these 
people had been in Canton (Ohio?), 
Palmyra and Pearl Harbor. The PBM-3- 
6466 at the bottom of the back may be 
a unit designation. This note is still 
being researched further. 




Although such notes can be found dating from the time of the 
Civil War, the term short snorter originated in the 20th century in 
die United States. 

According to some sources, in August 1925 barnstormer Jack 
Ashcroft was a pilot with Gates Flying Circus in Syracuse, N.Y. 
.Ashcroft liked his women and liquor, calling his "occasional" drink a 
short snort. The circus owners sent Ashcroft and a second pilot to a 
Hammondsport winery for two planeloads of wine for a party (This 
was during Prohibition.). Ashcroft fell in love in Hammondsport and 
failed to return until a day later, at which time he was in trouble with 
circus owner Clyde Pangborn for his prolonged absense. 

Ashcroft suckered Panghorn into giving him two dollars, a real 
bill and a stage dollar. Ashcroft signed the stage note "Short Snorter 
No. 1, Panghorn, Aug. 1925" and gave it to Panghorn, then signed 
and kept the real note. More people 
signed notes during the champagne party 
following. The popularity of the idea 
spread and evolved into the tradition of 
American World War II aviators carrying 
such a note and showing it at a GI bar, 
otherwise being obligated to buy a round 
of drinks for the bar if a bell was sounded. 

The idea quickly spread throughout 
the Allies, in the Army and Navy as well. 

Notes are known signed by Australian, 

British, Canadian, Republic of China, 

French and Portuguese soldiers, as well as 
by girlfriends, USO performers and by 
politicians. 

Two of the most famous World War 
II short snorters are a note signed by avia- 
tor Joseph Kennedy Jr., older brother of 
President John F. Kennedy, and a Soviet 
note signed by several high level partici- 
pants at the Yalta Conference in 1945. 

Since that time notes have been 
signed during the Korean conflict, 

Vietnam War and virtually every other 
modern conflict. 

Collectors generally prize notes the 
most on which the persons who signed 
the note can be identified or by signing 


D-Day is memorialized on this Allied 
Military Currency 5-franc note (above) 
signed by Will McAulling of First Army 
Group and presented to his friend 
Francis J. Giedroyce, father of the cur- 
rent owner and author of this article. 
Giedroyce was in the second wave of 
U.S. Army soldiers to hit the beaches 
on that historic date. 


French Allied Military Currency 50- 
franc note signed by five New Jersey 
soldiers. Signer John W. Clayton 
served in France, England and the 
Netherlands between 1943 and 1945, 
including assignments with the 8th Air 
Force, 877th and 834th Engineers, 
where among other things he helped 
build emergency landing strips. 



392 


November/December 2001 • Whole No. 216 • PAPER MONEY 



Acrobat and dancer Betty Yeaton, who 
signed the JIM 10-rupees note (right & 
below) while traveling with the a USO 
Show in Nationalist China, is shown 
here having lunch with W. Ashley Fry 
directly at her right (the author's 
father-in-law) following having signed 
the note. The photograph is dated Oct. 
22, 1944 on the back. Also signing the 
note were Paulette Goddard, Keenan 
Wynn, Kurt Balentine, Jimmie Dodd, 
Harry Brian, Ruth Carrell, Andy Arcari, 
William Sargon, and Pat O'Brien (see 
this issue's cover). 



This Canada 1937 $1 note (right) was 
signed by five persons, one of whom 
added the date June 12, 1943 at the top 
on the back. The LDW initials also on 
the back may be the name of another 
individual. 


the note helped to tell a story. As 
an example, a signed note may 
help identify the unit a person was 
in and, if also dated when signed, 
the note may help identify when 
and even where a specific unit was 
deployed. My collection includes 
several notes w'ith later additional 
documentation obtained from 
those who signed them, having 
tracked the signer down these 
many years after the note was 
signed. 

One such note is an Allied 
occupation 50-francs issued for 
France that was signed by five 
individuals who also provided their 
home addresses. In 1995 the 
author located John W. Clayton, 
receiving a detailed letter telling 
how he arrived in England in 
October 1943, then was assigned 
to the 8th and later to the 9th Air 
Force Group. He served in France 
with the 877th and 834th 
Engineers building emergency 
landing strips, then went back to England where he helped assemble gliders. 
He was later wounded while in the Netherlands in 1944. Clayton was sched- 
uled for deployment to the Pacific Theatre when the war ended. 

Another example, a Netherlands Indies 50-cent note has the names and 
addresses of four men, one of whom w»as contacted about 40 years later and w'as 
good enough to write to me with further details of his World War II experi- 
ences. The author attempted unsuccessfully to contact the others who signed 
the note. 

A note autographed by several USO performers and given to my father- 
in-iaw while with the Signal Corps in China is accompanied by a recently dis- 
covered official army photograph of him having dinner with one of the female 
performers from the group! 

Yet another good example is a Japanese Invasion Money half shilling 
note signed in Chinese characters in red ink which translates to the names of 
two National Chinese soldiers from Hong Kong. 

Korean conflict and Vietnam War notes appear to be even more elusive. 







PAPER MONEY • November/December 2001 • Whole No. 216 


393 





944884 


-bM- 


W 944884 




Left: Chinese Lunar New Year celebrations often 
include the custom of adults giving money to chil- 
dren. This South Vietnam 50-dong note of 1969 to 
1975 carries the message translating to "(acqueline is 
wished a happy new year by Ng Uyen Mai." It is likely 
a Tet Offensive period issue during the Vietnam War. 
Below: )apanese Invasion Money half shilling note of 
1943 designated for use in Oceania was signed in red 
ink by Republic of China soldiers Laio Ing Ging and 
Yo Tung Ho, who identify themselves on this note as 
having come from Kwang 'tung. This note was trans- 
lated by workers in a local Chinese restaurant. 


An interesting Vietnam War era note I have has a 
message in Vietnamese and is signed. The transla- 
tion indicates the note was given to a young per- 
son as part of the custom of giving money on the 
Chinese lunar new year. Although the year the 
note was signed is unknown, the note was issued 
during the war. 

One of my personal favorites is a 1953 
Japanese 100-yen note signed by the Ink Spots, a 
well known quartet from the post-World War II 
era. Futher research is needed to find if and when 




MILITARY PAYMEWT CERTIFICATE 


FOR USE ONLY IN UNITEO STATES 

ESTABLISHMENTS DY UNITEl 

AUTHORIZED PERSONNEL IN ACCO 
WITH AggttCAMJ RULES AND RECI 




the group traveled to Japan, possibly to entertain 
our troops in the occupied territory'. 

Yes, short snorters are technically' defaced cur- 
rency', but these defacements can make the difference 
between just being another nice note and one on which 
history has literally been written. ❖ 


Far left: This 
Series 521 

. . A _ (1958) Military 

Payment 

S 1 -* p Certificate $1 

, ' was signed 

, > * April 22, 1958 

by Keith 
Spaulding and 
~ Bailey Stewart, 
WAirwlj g* _ however nei- 

\t ther hints at 

5 #9. 3*1) t their un *t nor 

J rank. Below 

. - if m ?. Ieft: This 

Agf a r jr_ Series 1928D 

m ^ u - s - Note $2 

£ was signed by 

nine individu- 
als, however it 
is specifically 

YSw- marked as 

"Short snorter 
of William R. 
Lane, Marion, 

0&L ) S.C." Left: 

I- Spectacular 

Barbados $5 
note of 1939 is 

signed by 29 people on both sides. 
Barbados $1 short snorter notes are 
known, but higher denomination notes 
had significant purchasing power at the 
time and are seldom encountered 
signed. 






November/December 2001 • Whole No. 216 • PAPER MONEY 

More Thoughts on Short Snorters 

By Joseph Boling 


THAVE LONG SEARCHED FOR NOTES THAT 
l add to our knowledge of a series by virtue of their 
presence in short snorters. Examples of these are the 
Philippine "Co-Prosperity Sphere" notes. While repli- 
cas for collectors were reported long ago, I am not con- 
vinced that any (or at least any substantial quantities) 
were made, because over the years I have found just 
about every kind of CPS overprint in some sort of con- 
text that lends credence to its status as a vintage produc- 
tion. 

Remember that GIs who saw a CPS note in some- 
one else's short snorter would be inspired to create 
more, but would naturally create ones that were differ- 
ent from the ones that appeared first. Different fonts 
and production processes would be available to the later 
creators, so many varieties could be expected to exist. 

Another class of notes that I love to find in short 
snorters are the Oceania replicas, thus showing that they 
actually were created for (or at least available to) con- 
temporary GIs. 

A Philippine piece, which falls into the commemo- 
rative short snorter class, is the 1 0 peso note overprinted 
to commemorate MacArthur's landing on Leyte 
(SB2235). Since publishing SB, we have realized that 
the date in the overprint is wrong; it says Oct. 19, 1944, 
but the landing did not take place until 20 October. 
Perhaps that is why so few survive; drey were discarded 
when they became obsolete before being issued. 

Yet another piece that I look for in short snorters is 
the Malaya $5 with the "Grim Memories— VJ'overprint 
(SB2 183). I have yet to find one. 

In the other direction, we have notes with inscrip- 
tions that are known to be wrong, and that reflect inac- 
curate knowledge on the part of the original inscriber. 
An example of this is shown on SB page 314, where a 
Bank of Japan one yen note bears graffiti saying that the 
AMC yen were not valid in homeland Japan, which is 
incorrect. 

Another aspect of short snorters is the potential for 
dating them based on non-date information written on 
them— such as the note’s value in dollars. Many exam- 
ples exist of AMC yen inscribed "worth xx cents." 
Because we know what the exchange rates were at vari- 
ous times during the occupation, we can normally date 
these inscriptions to within a few months (or even 
weeks). 

How often can you link a short snorter back to a 
signer who did not keep it? One such fortunate find is a 
U S. $2 series 1928F note that I obtained from a bank in 
Australia while I was on R&R there in 1968. The 
inscription is "Dr. Fred Loukes, Cincinnati Ohio USA." 

When the ANA was having its convention in 



Cary Cooper (fourth from top) is among the signers of this Oceania 
one pound olive green unmarked replica note. 

Cincinnati in 1980, I wanted to arrange a presentation 
of the note back to Dr. Loukes as publicity for the show. 
It turns out that he was a dentist, but was dead by 1980. 
His son did not want to arrange a ceremony to present 
the note to the widow, so my idea died. Too bad. 

And just to show off, I have one short snorter with 
some VIP signatures on it— an Oceania one pound note 
(one of the olive green unmarked replicas!) with signa- 
tures of Phyllis Brooks, Gar)' Cooper, Una Merkel (all 
actors) and Nathan Bronstein (presumably a producer or 
USO escort), along with a few GIs. Unfortunately, not 
a junk box find-$25 from Ted Uhl. 



PAPER MONEY • November/December 2001 • Whole No. 216 


395 



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396 


November/December 2001 • Whole No. 216 • PAPER MONEY 


One note’s storu: 

Long ‘lost’ note brings back memories 

By Fred Reed 


EGINNING IN THE MID-1970S I WORKED 
in Sidney, Ohio, at a publication you may have 
heard of, Coin World: “The Weekly Newspaper of the 
Entire Numismatic Field.” That publication had begun 
in April 1960, the brain child of local publisher.!. Oliver 
Amos, who had inherited a family publishing business, 
the Sidney daily newspaper, and a large press with lots 
of down time. 

Seeking additional work 
for his pressmen and machin- 
ery, he proposed publishing a 
weekly hobby newspaper. At 
that time, numismatic month- 
lies had been attempted by 
Chet Krause, Lee Hewitt, the 
Lawrence Brothers and of 
course the American 
Numismatic Association. Few' 
in the coin trade believed a 
weekly publication would be 
viable. 

Amos proved the gainsay- 
ers resoundingly wrong w'hen 
his publication quickly climbed 
to paid weekly circulations of 
175,000 copies. 

With that large reader- 
ship, millions of dollars in 
advertising revenue rolled in 
making his publication and w'al- 
let fat. Mail overwhelmed the 
local Post Office officials. The 
government established a sepa- 
rate postal zone on the Amos Press loading dock. 

Just short of two decades after the founding of the 
publication, we did our 1,000th issue. The following 
spring as the 20th anniversaiy neared, Margo Russell 
who had succeeded Dick Johnson years before as CWs 
Editor, decided w'e needed to commemorate the auspi- 
cious 1980 event, and somebody (I think it was probably 
Jay Guren or Courtney Coffing) suggested a short 
snorter: a signed note that linked all the signatories to a 
common event, time and place. 

Appropriately the note selected was a Twenty. 
The double saw'buck was a then current Series 1977 on 
Philadelphia, serial number C 19204963 A. Lighdy cir- 
culated, the S20 was donated by Coin World Editor 
Margo Russell, who pulled it right out of her pocket- 
book, and years later confided to me that she didn’t 


think she ever got reimbursed out of petty' cash. 

It w'as passed around the office and signed on its 
face by Amos Press management and Coin World editor- 
ial staffers, including President J. Daniel Francis, 
Publisher John Amos, Clearinghouse Editor Marilyn 
Tiernan, Jane Hutchins, co-International Editors David 
T. Alexander and Courtney L. Coffing, Pat Boerger, 


Sharon Maurer, Dorothy Cernyar, Bill Gibbs, Cindy 
Wilt, Jay Guren, Editor Margo Russell, and yours truly, 
then the publication’s News Editor. 

Signing the back of the note w'ere Coin World 
founder J. Oliver Amos, and ad staffers Irma Francis, 
Brenda Wyen, Kay Block, Candie Schaffer, Rita 
Gerkey, Evelyn Fair, Bill Hampton, Carolyn Watkins, 
Connie Iler, Katie Eshback, Ad Manager Tom Ehler, 
and Assistant Ad Manager Charles Wilson. 

Marilyn photographed the note and ran it in her 
“Collectors Clearinghouse” column in the June 11, 
1980 issue. Shortly thereafter I ran off a commemora- 
tive label on our Compugraphic headline setting 
machine, glued it to an acrylic case, and carted the note 
to Memphis as a donation to SPMC’s annual Tom Bain 
breakfast raffle. The short snorter was won in the raffle 





PAPER MONEY • November/December 2001 • Whole No. 216 


397 



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398 


November/December 2001 • Whole No. 216 • PAPER MONEY 


by Michigan collector Mart Delger, who annually head- 
ed up the exhibits at the show. After the breakfast I 
photographed Mart and emcee Wendell Wolka, spent a 
few' bucks in the bourse, attended several club meetings, 
the auction, interviewed a slew of collectors and dealers, 
and headed back to Sidney to file my stories. 

I also promptly forgot about the Coin World 20th 
Anniversary short snorter. 

Flash forward another 20 years. It’s 2000, a new 
century, and I’m at Memphis setting up an exhibit 
detailing “Abraham Lincoln on Non-Federal Currency” 
when who comes up for a chat but Mart Delger. Both 
of us are decades older and wiser, but he is still exhibits 
honcho at Memphis. 

Mart said he had something to show me. He 
pulled out the plastic case labeled “Coin World 20th 
Anniversary.” Still inside was the autographed note 
with the signatures of all my former colleagues. He 
pointed to my bold strokes near the Federal Reserve 
Seal and we reminisced. Mart asked me about the 
whereabouts of some of the other signers and I filled 
him in the best I could. 

Most of the 27 signatures on both sides of the note 
were penned boldly with a black sharpie. Although sev- 
eral of the signers have since passed on (notably J. 
Oliver Amos and Charlie Wilson) many of those indi- 
viduals are still actively involved in the hobby. Bill 
Gibbs has my old job as News Editor of Coin World and 
recalled recently that somebody filled in his name 
because he was absent, covering a coin show. Dave 
Alexander is a cataloger at Stack’s in New York and pens 
a monthly column on medals for his old employer. 
Courtney Coffing is retired from Krause Publications 
and recently came out with a revised edition of his cata- 
log of notgeld. Of course, yours truly is now Editor of 
this publication. 

Nineteen-eighty, the year we signed that note, was 
a great one for this hobby. Gold and silver were boom- 
ing to unprecedented heights carrying collectable coins 
and paper money to then dizzying extremes. Coin World 
was a vigorous 20. The publication was booming. 
Subscriptions were rising. Page counts were enormous. 
Two section 160-180 page issues were the rule. That 
year, according to an industry survey, Coin World pub- 
lished more pages (editorial and advertising) than any 
other periodical but Time magazine — and our pages 
were three times the size of theirs! 

The news rooms, ad shop and production bay 
bristled. The signers of that note were busy people, 
linked by common goals, stressed by common burdens, 
and enjoying uncommon successes. 

That summer at the nearby Cincinnati American 
Numismatic Association Convention, we published daily 
issues of Coin World and gave away another Coin World 
20th Anniversary short snorter as a door prize at our 
convention booth. We also issued a Coin World 20th 


anniversary medal which featured the famous Cincinnati 
Davidson-Probasco fountain. I still have the lead die 
trial. CW and all of us were very successful that year. J. 
Oliver Amos, the owner was pleased; at Christmastime 
he distributed the largest employee bonus in the firm’s 
century long existence! It was one heck of a year. 

Personally, it was a great year for me too. My wife 
Patricia and I celebrated our 10th anniversary. We had 
been blessed with both a fine daughter, Becky, and a 
fine son, Fred IV. We took a two week long vacation to 
Canada that is still a source of family pride. 

I reflected over the note in Mart’s hand. Dave 
Alexander and Bill Gibbs have remained friends for 
years and years. The forgotten faces of some of the oth- 
ers flashed briefly before my eyes. I remembered silly 
anecdotes about some of them and more serious times 
about others. I remembered attending Charlie Wilson’s 
funeral the summer after die note was signed. 

I remembered engaging Tom Ehler to become my 
advertising consultant at Beckett Publications years 
later. I remembered flying Bill Hampton and his wife 
to Dallas and trying to pursuade him into accepting a 
job there as my Ad Manager. There were others. Mart 
and I reminisced about “old times” and “by gones.” 

That bill was rich in memories for me, and Mart 
knew it. .After two decades as its custodian, he decided 
to part with it. “Would I be interested?” Sure I would... 
but before we could strike a deal something else came 
up. I don’t remember if he was distracted or if I was. 

I came home from Memphis without that note, 
but surely not forgetting it again. I wrote Mart and 
made an offer. He accepted and said he’d bring it back 
to Memphis for me again this year. Well he did, and 
the Coin World 20th Anniversary short snorter is 
“home.” It probably wouldn’t be worth more than 
twenty bucks to most people. Outside of its holder, who 
could piece together the story it was meant to tell? Just 
27 signatures on a double sawbuck to some, but it’s both 
precious and priceless to this writer. 

That’s the essence of short snorters. We too were 
in the trenches waging a battle against unremitting 
deadlines under the watchful eye of a stern chain of 
command. That bill records the hands and the humani- 
ty' that brought that publication to its thousands and 
thousands of readers at a given point in time. We 
shared good times and bad, and thought it worth pen- 
ning our names to a piece of paper money to mark our 
publication’s anniversary. 

They don’t make ’em like that anymore — either 
the old style FRN or that capable and hard working 
group that fed Oliver Amos’s presses week-in and week- 
out preparing all the hobby news that fit around a hun- 
dred-plus pages of ads attesting that numismatics was 
alive and thriving. 

At 20, we also signed a note testifying Amos’ Folly 
was doing just fine too, thank you! It still is. 


PAPER MONEY • November/December 2001 • Whole No. 216 


399 


Always Wanted 

Monmouth County, New Jersey 
Obsoletes - Nationals - Scrip 
Histories and Memorabilia 

AUenhursl - Allentown - Asbury Park - Atlantic Highlands - Behnar 
Bradley Beach - Eafontown - Englishtoven - Freehold - Howell 
Kcansbttrg - Keyport - Long Branch - Manasi/ttan - Matawan 
Middletown - Ocean Grove - Red Bank - Sea Bright - Spring Lake 

N.B. Buckman 

P.O. Box 608, Ocean Grove, NJ 07756 
800-533-6163 Fax: 732-282-2525 


DO YOU COLLECT FISCAL PAPER? 

The American Society of Check Collectors 
publishes a quarterly journal for members. 
Visit our website at 

http://members.aol.com/asccinfo or write to 
Coleman Leifer, POB 577, Garrett Park, MD 20896. 

Dues are $10 per year for US residents, 

$12 for Canadian and Mexican residents, 
and $18 for those in foreign locations. 



IBorlb Paper 
Amert-^hmtt (Carfta 


BEP Money Prints: 

Great, affordable, genuine prints 
of our classic and historic money. 


Lee Quast 

P.O. Box 1301, High Ridge, MO 63049 
(314) 276-1162 or amerisc@tknetonline.com 



Buying Carl Bombara Selling 
United States Currency 

P.0. Box 524 _. 

New York, N.Y. 101 16-0524 | 


Phone 212 989-9108 


X0X0X0X0X0X0X0X0X0X0X0X0X0X0X0X0X0X0X0X0X0X0X0X0X0X0X0X0X0X0X0X0X0X0X0X0X0) 

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HOUSES, MUSEUMS AND PRIVATE COLLECTORS: 

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400 


November/December 2001 • Whole No. 216 • PAPER MONEY 



SPMC New Members — 8/10/01 

1 03 1 1 Matt Hansen, 2221 Sheridan Blvd, Lincoln, NE 68502-4039 
(C, Nebraska Nationals & Obsoletes), Website 

10312 John F. Litchfield, 267 River Road, Agawam, \1A 01001-2815 
(C, US, Canadian & British Colonial) Tom Denly 

10313 Colin Sumner (C), Website 

10314 Michael Blitzer, c/o Espresso Uno Co., 1975 Stirling Rd, 
Dania Beach, FL 33004 (C, Fractional, Small, Large, Errors, 
Fancy Numbers), Frank Clark 

10315 Kcilcv M. Johnson, Jr., 4366 Birchwood Drive West, Mobile, 
AL 36693-4923 (C, Nationals, FRN's, CSA), Website 

10316 Dennis Bernstein, PO Box 4, Lynbrook, NY 11563 (C, LIS 
Large), Frank Y'iskup 

10317 Sidney N. Sonsky, 268 East Broadway, NY, NY 10002-5672 
(C), Tom Minerley 

10318 Chris Spence, 316 S. 3rd Avenue, Lanett, AL 36863-2440 (C, 
US & Foreign), Bob Cochran 

10319 Donald J. Carbonetti, 1 1064 E. Catalina Ave, Mesa, AZ 
85208 (C), Fred Reed 

10320 William C. Slater (C), Website 

SPMC New Members - 09/21/2001 

10321 Robert W. Saunders, 7096 Beargrass Rd, Sherrills Ford, NC 
28673 (C, MPC, JLYl, AMC, Confederate & Obsoletes), Tom 
Denly 

10322 Dr. James Gamble, 933 Cottrell Way, Stanford, CA 94305 
(C), Fred Reed 

10323 Leonard Storchevov, 9273 Collins Ave Apt 1 109, Surfside, FL, 
33154(C), Website 


10324 David R. Simpson, PO Box 1224, Rockwall, TX 75087 (C, 
Confederate), Lyn Knight 

10325 Robert H. llartlieb,' 151 S. Oak St, Millsboro, DE 19966 (C), 
Frank Clark 

10326 Robert G. Dryden Jr, 3514 Willowood Dr, Garland, TX 
75040 (C, US Type, Dutch & German), Lyn Knight 

10327 Kyle Chambers, 3 Cliffe Hill Ct, Potomac, MD 20854 (C, 
Nationals, Large), J. Phillip Elam 

10328 Richard C. Osterhout, 309 Hemlock Ave, Bensalem, PA 
19020-7331 (C, Eastern Shore Virginia & Maryland Obsoletes & 
Civil War Virginia Notes), Frank Clark 

10329 Michael T. Hauch, 2827 Heritage NW, Canton, OH 44718 
(C, Nationals, Canton, OH Nationals), Frank Y r iskup 

10330 Bob Klein, 169 Old Forge Crossing, Devon, PA 19333 (C), 
Frank Clark 

10331 LTC George R. Urciuoli, Ret, 1104 Aspen PI, Salinas, CA 
93901-1805 (C, US, Italy, Canada, Mexico, England), Frank 
Viskup 

10332 Charles Prchal, 160C Donahue ST #195, Sausalito, CA 94965 
(C),J. Phillip Elam 

10333 Lee Gordon, PO Box 5665, Buffalo Grove, IL 60089 (D, 
World Wide Rarities), Fred Reed 

10334 Brian Fanton (C & D), Wendell Wolka 

10335 Mike Metras (C & D), Wendell Wolka 

10336 George A. Miracle (C & D), YVendel! Wolka 

10337 George Edelstein (C), Wendell Wolka 

10338 Michael Teague (C), Wendell Wolka 

10339 Les Dlabay, 17678 Meadowbrook, Wildwood, IL 60030, (C, 
Historic, Culniral Images on Paper Money), Website 

10340 James Bouie, 135 S. Thomas Ave, Prichard, AL 36610-2623 
(C), Nolan Mims 

10341 Edward Famham, 341 Proctor Ave, Revere, ALA 02151, (C, 
Recent US Mint/BEP Products, Small & Large), Frank Clark 

Reinstatement 

3262 William Barrett 10022 Adrian Crane 

Deceased 

9147 Casper W. Migas 10248 Gary L. Wolfe 


Buying & Selling 

All Choice to Gem CU Fractional Currency 

Paying Over Bid 

Please Call: 

916-687-7219 

ROB'S COINS & CURRENCY 

P.O. Box 303 
Wilton, CA 95693 



PAPER MONEY • November/December 2001 • Whole No. 216 


401 


MYLAR D CURRENCY HOLDERS 

PRICED AS FOLLOWS 

BANK NOTE AND CHECK HOLDERS 


SIZE 

INCHES 

50 

100 

500 

1000 

Fractional 

4 ‘A x 3 % 

SI 7.75 

$32.50 

$147.00 

$255.00 

Colonial 

5'h x 3 Vi* 

18.75 

35.00 

159.00 

295.00 

Small Currency 

6 Vi x 2 7 /i 

19.00 

36.50 

163.00 

305.00 

Large Currency 

7 V» x 3 Vj 

23.00 

42.50 

195.00 

365.00 

Auction 

9x3% 

26.75 

50.00 

243.00 

439.00 

Foreign Currency 

8x5 

30.00 

56.00 

256.00 

460.00 

Checks 

9 5 /sx4V4 

28.25 

52.50 

240.00 

444.00 

SIZE 

SHEET HOLDERS 
INCHES 10 50 

100 

250 

Obsolete Sheet 
End Open 

8%x 14'/z 

SI 3.00 

560.00 

$100.00 

$230.00 

National Sheet 
Side Open 

8 */z x 17'/z 

25.00 

100.00 

180.00 

425.00 

Stock Certificate 
End Open 

9 Vz x 12 '/z 

12.50 

57.30 

95.00 

212.50 

Map & Bond Size 
End Open 

18x24 

48.00 

225.00 

370.00 

850.00 


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P.O. Box 1010, Boston, MA 02205 • 617-482-8477 
ORDERS ONLY: 800-HI-DENLY • FAX 617-357-8163 


Judith & Claud 
Murphy 

We Buy & Sell 

Paper Money, checks, bonds, 
stocks, letters, old postcards, 
stereoviews, cdv's . . . 

If it's old and it's paper, we have it! 

Box 24056 

Winston-Salem, NC 27114 
336-699-3551 

fax: 336-699-2359 
e-mail: MurphAssoc@aol.com 
www.murphyenterprises.com 


WANTED: 
NATIONAL 
BANK NOTES 

Buying and Selling Nationals 
from all states. 

Price lists are not available. 
Please send your want list. 
Paying collector prices for better 
California notes! 

WILLIAM LITT 

P.O. BOX 1161 
Fremont, California 94538 
(510) 490-1751 
Fax: 9510) 490-1753 
E-mail: BillLitt@aol.com 

Member SPMC, PCDA, ANA 


VISIT MY WEB PAGE AT 

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PCDA, SPMC 






November/December 2001 • Whole No. 216 • PAPER MONEY 


402 


Letter to the Editor 


Greetings, 

My first encounter with a short snorter "bankroll" 
was in the 1950s as a youngster. My Sunday school 
teacher was a WYVTI vet and brought his in and showed 
and explained it to the class on one Sunday morning. 
Needless to say the "seed was sown." 

Cheers, Colin Bruce 


research exchange: 
a service for SPMC members 


• Artist Inquiry. Would like to know if anyone has any information 
as to whether Jacob Wrey Mould, an architect, did any vignette 
art or designs for bank notes. A broadside he issued in 1869 
indicates that he offered this service. Contact Mark Tomasko, 
Box 834, NY, NY 10150-0834 or mntomasko@worldnet.att.net 

• Roger B. Taney. I need, if there is one available, a photograph 
of a note with Justice Roger B. Taney. No one I have asked can 
even confirm his being portrayed on PM. There are two or so still 
unidentified portraits on Maryland PM that do not look too much 
like him, but you never know. Actually, his portrait on currency 
from any state will do. I also need a good quality picture of duel- 
ing pistols. Contact johnnybanknote@webtv.net or C. John 
Ferreri, PO Box 33, Storrs, CT 06268 

• Waterman Lilly Ormsby. For a future article in Paper Money, I 
am looking for a photograph or other illustration of 19th century 
bank note engraving genius Waterman L. Ormsby. Contact 
Robert McCabe, c/o Toxicology, 5426 NW 79th Avenue, Miami, 
FL 33166 or fred@spmc.org 

• New York Obsolete Bank Notes (1784-1865). Researcher 
requesting info for SPMC state catalog on banking details for NY 
obsolete notes. All information welcome. At the moment, I am 
interested in any notes from “The Woodstock and Saugerties 
General Manufacturing Co." at Saugerties. I am looking for infor- 
mation when the bank opened and for how long, who the 
President and Cashier were, year of issue of notes, capital at 
founding, etc. Will gladly reimburse cost and postage of material 
received. Contact jglynn@zoom.co.uk or John Glynn, 41 St. 
Agnells Lane, Hemel Hempstead, Herts HP2 7ax, England 

• Macerated Money. Wanted any information that would help in 
publishing a book on items made between 1874-1940 out of 
chopped up U.S. currency. Who made the products, where sold, 
etc.? Any help appreciated. Contact Bertram M. Cohen, 169 
Marborough St., Boston, MA 021 1 6-1 830 or marblebert@aol.com 

• Eastman College Currency. Authors jointly revising current cat- 
alog of Eastman notes. New listing will appear in Paper Money 
serially and subsequently as a separate pamphlet. Wanted 
xeroxes of unlisted notes, or census data of your current hold- 
ings. Contributors will be acknowledged or kept confidential, as 
you desire. Contact Fred Reed, P.O. Box 793941, Dallas, TX 
75379-3941 or freed3@airmail.net or Austin Sheheen, P.O. Box 
428, Camden, SC 29020 

• Movie Money. Researcher attempting to catalog scrip used as 
money in motion pictures, TV & stage for future Paper Money 
series. Contact the Editor or Fred Reed at freed3@airmail.net 

• Delaware Obsolete Notes and Scrip. SPMC state catalog 

researcher seeks information on existing notes, including serial 
and plate numbers. Records of other Delaware material such as 
old lottery tickets, vignettes, Colonials and National Currency are 
also being kewpt for population statistics. Will gladly pay copying 
costs and postage for pictures of your Delaware material. 
Contacts confidential. Contact napknrng@dmv.com or Terry A. 
Bryan, 189 South Fairfield Drive. Dover, DE 19901-5756 ❖ 


* - * 5 ^ 

Editor's jW-jj 
Notebook 

Fred L Reed HI fred@spmc.org 


Remember Pearl Harbor + 60 Years 

M any are equating 9/11/01 yvith 12/7/41, 

the 60th anniversary of which we are marking with this 
special issue. You probably saw the movie Pearl Harbor, Jerry 
Bruckheimer’s epic love-battle story starring Ben Affleck, Josh 
Hartnett and Kate Beckinsale. Of course the actual battle 60 
years ago led directly to the U.S. entry into World War II 
against the Axis Powers. One of the most enlightening arti- 
cles of my young journalistic career — some 30 years ago for 
the 30th anniversary of the Japanese attack on Hawaii — was 
rounding up about a dozen survivors of that cataclysmic event. 
I wrote a “blockbuster” feature story for the Third U.S. Army 
HQs publication, Lucky Times. My purpose was not much dif- 
ferent from the Hollywood producer’s. We both sought to 
retell the story through the eyes of survivors and create a last- 
ing recreation for our audience. Bruckheimer, alas, also had 
140 million more dollars at his disposal. 

One of the enduring legacies of World War II was the 
proliferation of a paper money phenomenon — the Short 
Snorter. Since this issue marks the 60th anniversary of the 
beginning of that war, we deemed it auspicious to launch the 
first of what we hope will be a string of topical issues of this 
magazine. This issue on short snorters is part historical 
research, part treasure hunt. Autograph hounds are generally 
excited to learn about the host note(s) and veteran syn- 
graphists are diligent in researching the historical context 
from which the short snorter emerged. 

My Pearl Harbor anniversary story was pretty' good, if I 
do say so myself. Movie mogul Bruckheimer’s film did OK 
too (it grossed 197 million dollars), but even with his big bud- 
get the filmmaker didn’t quite get everything right. When 
Cuba Gooding’s cook character is boxing the Bluto machinist 
his manager Guy Torrey is clutching a fist full of greenbacks 
representing the take from the fight. The outside bill of the 
wad is clearly a $5 HAWAII note. Nice try Hollywood. It 
shows somebody did some research and went the extra mile. 
Trouble is, in the context of the film that boxing match took 
place in August or early September 1941 (shortly after the 
scene we are advised it is three months later and it’s still 
before Dec. 7, 1941). Those HAWAII notes weren’t deliv- 
ered until die following June — at least nine months later! 

A Special Note on this Issue 
A tip of the cap to John Wilson for the photo of the note 
autographed by General Douglas MacArthur. Special dianks 
also to Fred Schwan and the MPCGram for permission to 
reprint the short snorter reflections of Messrs. Boling, 
Murray, Smulczenski, and Bruce. Free e-mail subscriptions to 
die (almost) daily e-gram on military money may be obtained 
from fred@papemioneyworld.com. Tell him we sent you. ❖ 





PAPER MONEY • November/December 2001 • Whole No. 216 


403 


HARRY 
IS BUYING 

NATIONALS — LARGE 
AND SMALL 
UNCUT SHEETS 

TYPE NOTES 

UNUSUAL SERIAL NUMBERS 

OBSOLETES 

ERRORS 

HARRY E. JONES m 


PO Box 30369 
Cleveland, Ohio 44130 
1-440-234-3330 




Buying & Selling 

Quality Collector Currency 

• Colonial & Continental Currency 

• Fractional Currency 

• Confederate & Southern States Currency 

• Confederate Bonds 

• Large Size & Small Size Currency 

Always BUYING All of the Above 
Call or Ship for Best Offer 

Free Pricelist Available Upon Request 

James Polis 

4501 Connecticut Avenue NW Suite 306 
Washington, DC 20008 
(202) 363-6650 
Fax: (202)363-4712 
E-mail: Jpolis7935@aol.com 
Member: SPMC, FCCB, ANA 



I COLLECT 

MINNESOTA OBSOLETE CURRENCY 
and NATIONAL BANK NOTES 

Please offer what you have for sale. 

Charles C. Parrish 

P.O. Box 481 

Rosemount. Minnesota 55068 
(651)423-1039 

SPMC LM 1 14— PCDA— LM ANA Since 1976 



AD INDEX 

AMERICAN SOCIETY OF CHECK COLLECTORS 399 

BART, FREDERICK J 389 

BOMBARA, CARL 399 

BOWERS & MERENA GALLERIES IBC 

BC1CKMAN, N.B 399 

COHEN, BERTRAM 377 

COLLECTIBLES INSURANCE AGENCY 381 

CURRENCY AUCTIONS OF AMERICA 404 

DENLY’S OF BOSTON 401 

EARLY AMERICAN NUMISMATICS 383 

HAGEN, BRUCE 399 

HOOBER, RICHARD T 389 

HORWEDEL. LOWELL C 389 

HUNTOON, PETER 379 

JONES, HARRY 403 

KAGIN, A.M 387 

KAGIN’S 395 

KNIGHT, LYN 371 

KRAUSE PUBLICATIONS OBC 

KYZIVAT, TIM 401 

LITT, WILUAM 401 

LITTLETON COIN CO 367 

MORYCZ, STANLEY 363 

MURPHY, JUDITH & CLAUD 401 

NAPLES BANK NOTE COMPANY 397 

OREGON PAPER MONEY EXCHANGE 389 

PARRISH. CHARLES C 403 

POLIS, JAMES 403 

POMEX, STEVE 389 

QUAST, LEE 399 

REED, FRED 379 

ROB'S COINS & CURRENCY 400 

RUBENSTEIN, J&F 381 

SHULL, HUGH 358 

SILVER PENNY COINS 397 

SLUSZKIEWICZ, TOM 379 

SMYTHE, R.M IFC 

STACK'S 385 

UNIVERSITY PRODUCTS 377 

YOUNGERMAN, WILUAM, INC 383 







November/December 2001 • Whole No. 216 • PAPER MONEY 


a. <j 

An unprecedented opportunity 
for Currency Buyers and Sellers 


Currency Auctions of America 
joins the Heritage family of companies 

Currency Auctions of America, America’s most respected currency auctioneer, has just become part of the 
country's largest numismatic auction house, Heritage Numismatic Auctions. Building on the combined 
strengths of both companies, opportunities for buyers and sellers of paper money will greatly increase with 
more frequent CAA auctions at conventions around the country, and twice-monthly sales on the Internet at 
www.CurrrencyAuction.com. 


CAA founders Len Glazer and Allen Mincho, two of the top currency experts in the world, will continue 
handling all consignments, grading, and cataloging. CAA will be able to offer more material, hold 
more auctions, and have greater access to potential bidders through 
Heritage's huge customer base, worldwide marketing expertise, financial 
strength, and advanced technology. 


\ j I am interested in consigning my currency to one of 

your upcoming auctions, please contact me. 

_i l would like a copy of your next Auction Catalog. Enclosed is a check 
or money order for $15. (or an invoice for $1,000 from another cur- 
rency company: Fax or Mail a copy to CAA). 

j I would like a one year subscription to all your Auction Caialogs- 
Endosed is S50 for the year. 

j I would like a FREE copy of your video ’Your Guide to Selling Coins 
and Currency at Auction." 

j Till in your e-mail address below for free, comprehensive e- listings, 
news, and special offers. 


This gives CAA the unmatched ability to attract potential consignors and 
bidders, which means more choices for paper money collectors: 

• more frequent auctions, containing larger amounts of material 

• access to Heritage's active mailing list of 50,000 names and web site 

membership of nearly 40,000 numismatists 

• online interactive bidding and paper money search engine capabilities at 
www.CurrencyAuction.com and www.HeritageCoin.com. 

• full color, enlargeable images of every single-note lot posted on the Internet 

■ selected lots for the September CAA auction in Cincinnati will also be available 
for viewing through Heritage at the ANA convention in Atlanta in August 

• all CAA catalogs will be available in CD-ROM format as well as online 

• lead-times will be shortened between consignment deadlines and sale dates 

• greater financial resources for cash advances to consignors and for purchases 

We invite your participation 
in future CAA auctions. 


FOR FASTER SERVICE. 

Call 1-800-872-6467 
CURRENCY AUCTIONS OF AMERICA 

Itmage PUu. 100 Holland Park Vilafcc. 2nd Floor • DjUjv Texas 75205-2788 
214-528-3500 • FAX: 214 443 8425 
wwrw HnitagfCoin.com • e mail: BaistflietiugeCoin com 
Len dazer. Ea. 390 iLmtf HcriugeCoin.com) 

Allen Mincho. Ext 327 (AHoKsHerkagcCoin.coml 


CAA Upcoming Schedule: 
September 2001 - Cincinnati 
November 2001 - St. Louis - Charity Auction 
January 2002 - Orlando 
May 2002 - Rosemont 


America’s # I Numismatic Auctioneer 


Numismatic Auctions, Inc. 


CURRENCY AUCTIONS OF AMERICA 

Len Glazer 1 -800-872-667 Ext. 390 (Len@HeritageCoin.com) 
Allen Mincho 1-800-872-667 Ext. 327 (Allen@HeritageCoin.com) 
www.CurrencyAuction.com 

Heritage Plaza, 100 Highland Park Village. 2nd Floor • Dallas. Texas 75205-2788 • 1-800-US COINS (872-6467) •214-528-5500 • FAX: 214-443-8425 
tvtMv.HeritageCoin.com • e-mail: Bids@HeritageCoin.com • wxtxv.CurrencyAuction.com • e-mail: Notes@CurrencyAuaion.com 


SPMC 74)1 





Realize T op Market Price 
for Your Paper Money! 




Let Our Success be Your Success! Consign with Bowers and Merena Galleines Today! 

We offer you the incomparable and very profitable ad- 
vantage of having your material presented in our superbly 
illustrated Grand Format™ catalogue to our worldwide 
clientele of collectors, investors, museums, dealers, and 
other bidders. Your paper money will be showcased by the 
same expert team of cataloguers, photographer, and graphic 
artists that have produced catalogues for some of the finest 
collections ever sold. And, the presentation of your currency 
will be supervised by Q. David Bowers, one of the most well- 
known names in the entire hobby. 


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MONTCUMtHY. 



Impressive $100 Treasury or Coin Note, realized $138,000 


Choice VF 1861 Montgomery Issue $100, realized $25,300 





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Weehawken, New Jersey $5 National Rank Note Pair, Serial # 1 , realized $15,525 


Unique Territory of Dakota, National Bank Note, Serial HI, realized $55,200 


It*s Easy to Consign! 

Selling your collection will be a pleasant and financially rewarding 
experience. From the moment we receive your consignment we will 
take care of everything: insurance, security, advertising, worldwide 
promotion, authoritative cataloguing, award-winning photography, 
and more — all for one low commission rate, plus a buyer’s fee. When 
you do business with Bowers and Merena, you do business with a long- 
established firm of unsurpassed professional and financial reputation. 
Over the years we have sold over $350,000,000 of numismatic items 
and have pleased more than 30,000 consignors. 

Just contact John Pack, ourauction directorat 800-458-4646 to 
discuss your consignment. It may well be the most financially 
rewarding decision you make. 


Buy Online) Bid Online , Books Online! www.bowersandmerena.com 

Bowers and Merena Galleries 


A COLLECTORS UNIVERSE COMPANY— NASDAQ: CLCT 
Box 1224 • Wolfeboro, NH 03894 • 800-458-4646 • In NH 569-5095 • FAX 603-569-5319 
www.bowersandmerena.com • e-mail: auction@bowersandmerena.com 


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New 

Editions 


standard catalog of 


WORLD PAPER MONEY 

general issues volume two 

Edited by Neil Shafer & Colin R. Bruce II 


NATIONAL BANK NOTES • LARGE & SMALL SIZE BY SERIES 
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■ Includes ail circulating issues from 1 368 through I960 
• 230 issuing authorities • 18.500 notes listed 
<00+ original photos • Market valuations in up to three grades 


Standard Catalog™ 
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by Chester L. Krause and Robert F. Lemke. 

Joel T. Edler, Editor 

This is the essential price guide you'll need for 
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